5 things I “knew” (or should have known) before starting a company, but didn’t fully understand until now
20 March 2010
Awesome post from WePay’s Richard Aberman
I founded WePay with Bill Clerico in August 2008, with the simple goal of making it easy for groups to collect and manage money online. We were accepted in YCombinator in May 2009, and raised just under $2 million from August Capital, Max Levchin, and a few other well-know angel investors last December.
I can’t say much about running a company post-financing because we have only been doing it for a few months, and to be honest, I haven’t really had the opportunity to reflect on it.
However, I have taken some time to think about some of the things I have learned over the past year and a half (from conception to financing), and I’ve decided to share a few of them here.