Founders often wonder whether they should raise money from investors. The answer to that one is surprisingly simple. You should raise money if and on… - Paul Graham

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Founders often wonder whether they should raise money from investors. The answer to that one is surprisingly simple. You should raise money if and only if you (a) need money and (b) are currently appealing enough to get it.

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About Paul Graham

Paul Graham (born 1964) is an English computer scientist, essayist, entrepreneur, venture capitalist, and author. He is best known for his work on the programming language Lisp, his former startup Viaweb (later renamed Yahoo! Store), cofounding the influential startup accelerator and seed capital firm Y Combinator, his essays, and Hacker News.

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Additional quotes by Paul Graham

I expected technology to make programming less laborious, as it does to most things. But I have to admit I expected it to happen by programmers switching to more powerful languages, rather than continuing to write programs full of boilerplate, but having AIs generate most of it.

you need to start doing something people want. You don’t need to join a company to do that. All a company is is a group of people working together to do something people want. It’s doing something people want that matters, not joining the group.6

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