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VC Open Letters: What Startups are Really Like
Source: TheFunded.com
Nov 07, 2009


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Summary
| Posted by Zak

Hi All -



I received this article about startups, what they really like ... damn ... this is so true.



The source is at: http://www.paulgraham.com/really.html



Enjoy,



Zak



What Startups Are Really Like



October 2009



(This essay is derived from a talk at the 2009 Startup School.)



I wasn't sure what to talk about at Startup School, so I decided to ask the founders of the startups we'd funded. What hadn't I written about yet?



I'm in the unusual position of being able to test the essays I write about startups. I hope the ones on other topics are right, but I have no way to test them. The ones on startups get tested by about 70 people every 6 months.



So I sent all the founders an email asking what surprised them about starting a startup. This amounts to asking what I got wrong, because if I'd explained things well enough, nothing should have surprised them.



I'm proud to report I got one response saying:

What surprised me the most is that everything was actually fairly predictable!

The bad news is that I got over 100 other responses listing the surprises they encounte

...Read the full article

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