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Every blog post that took off on Hacker News, ranked by the votes of its best submission. 2,603 posts.

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2592

How to Fund a Startup

November 2005 Venture funding works like gears. A typical startup goes through several rounds of funding, and at each round you want to take just enough money to reach the speed where you can shift into the next gear. Few startups get it quite right. Many are underfunded. A few are overfunded, which is like trying to…

2600

The Option Pool Shuffle

“Follow the money card!” – The Inside Man, Three-Card Shuffle Summary: Don’t let your investors determine the size of the option pool for you. Use a hiring plan to justify a small…