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46 propositions
49 inferences
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Claim
Self-funding a startup requires starting as a consulting company, which can be difficult to transition from
Consequences
If it is true that...
Startups often require funding from investors
and
Self-funding a startup requires starting as a consulting company, which can be difficult to transition from
and
Maximizing a startup's chances of success is more important than retaining a large amount of stock
Then it must be true that...
Raising seed capital is comparatively easy due to the small amounts of money involved
If it is true that...
Startups often require funding from investors
and
Self-funding a startup requires starting as a consulting company, which can be difficult to transition from
and
Raising seed capital is comparatively easy due to the small amounts of money involved
and
Investors at the seed stage do not usually expect an elaborate business plan
and
Startups should spend their investment money wisely, as running out of money is a common cause of failure
Then it must be true that...
Spending money slowly encourages a culture of cheapness
If it is true that...
Self-funding a startup requires starting as a consulting company, which can be difficult to transition from
Then it must be true that...
Three things are needed to create a successful startup: starting with good people, making something customers want, and spending as little money as possible