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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