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	<title>Comments on: 5 things I “knew” (or should have known) before starting a company, but didn&#039;t fully understand until now</title>
	<atom:link href="http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/</link>
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		<title>By: Rich Aberman</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-2127</link>
		<dc:creator>Rich Aberman</dc:creator>
		<pubDate>Tue, 31 Aug 2010 21:08:29 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-2127</guid>
		<description>For the most part, I agree. It&#039;s definitely not impossible. My insights are obviously shaped by my experiences, and we were also raising money in a pretty crappy economy with no product and no revenue (at the time). Thanks for reading!</description>
		<content:encoded><![CDATA[<p>For the most part, I agree. It&#8217;s definitely not impossible. My insights are obviously shaped by my experiences, and we were also raising money in a pretty crappy economy with no product and no revenue (at the time). Thanks for reading!</p>
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		<title>By: Rich Aberman</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-2126</link>
		<dc:creator>Rich Aberman</dc:creator>
		<pubDate>Tue, 31 Aug 2010 21:06:49 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-2126</guid>
		<description>Could not agree more. Thanks Dharmesh!</description>
		<content:encoded><![CDATA[<p>Could not agree more. Thanks Dharmesh!</p>
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		<title>By: Roy Rodenstein</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-2125</link>
		<dc:creator>Roy Rodenstein</dc:creator>
		<pubDate>Tue, 31 Aug 2010 20:58:01 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-2125</guid>
		<description>Hi Rich,

Great post, and good analogy about how it feels to really experience these &quot;punches by the champ&quot; :)

Agree with all, except for #4... many people have a hard time in Boston and NY but I&#039;ve personally funded several Boston companies -and I&#039;m a tiny angel- and have helped others get VC. It&#039;s definitely way harder than in SF, though, and varies a lot with the times, though.

Of your points I think the one that is still most mysterious to first-time founders is Traction. I should probably do a blog post on that...</description>
		<content:encoded><![CDATA[<p>Hi Rich,</p>
<p>Great post, and good analogy about how it feels to really experience these &#8220;punches by the champ&#8221; <img src='http://blog.wepay.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Agree with all, except for #4&#8230; many people have a hard time in Boston and NY but I&#8217;ve personally funded several Boston companies -and I&#8217;m a tiny angel- and have helped others get VC. It&#8217;s definitely way harder than in SF, though, and varies a lot with the times, though.</p>
<p>Of your points I think the one that is still most mysterious to first-time founders is Traction. I should probably do a blog post on that&#8230;</p>
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		<title>By: Dharmesh Shah</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-2124</link>
		<dc:creator>Dharmesh Shah</dc:creator>
		<pubDate>Tue, 31 Aug 2010 20:47:00 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-2124</guid>
		<description>Great article.

I&#039;m not big on the boxing metaphor.  But, I&#039;d argue that if you need to be arrogant and naive to get in the ring -- you need to be self-aware to really succeed.  Clearly, you need to survive that first match.  But long-term, you have to do much more to &quot;win&quot; than simply survive that first match.  You have to keep getting into the ring, keep getting better and win a few rounds.</description>
		<content:encoded><![CDATA[<p>Great article.</p>
<p>I&#8217;m not big on the boxing metaphor.  But, I&#8217;d argue that if you need to be arrogant and naive to get in the ring &#8212; you need to be self-aware to really succeed.  Clearly, you need to survive that first match.  But long-term, you have to do much more to &#8220;win&#8221; than simply survive that first match.  You have to keep getting into the ring, keep getting better and win a few rounds.</p>
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		<title>By: david knies</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-2122</link>
		<dc:creator>david knies</dc:creator>
		<pubDate>Tue, 31 Aug 2010 20:24:38 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-2122</guid>
		<description>phenomenal insight. you sum it up perfectly. keep up the great work!</description>
		<content:encoded><![CDATA[<p>phenomenal insight. you sum it up perfectly. keep up the great work!</p>
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		<title>By: Effective blog promotion for startups: examples from SeatGeek, WePay, and Bazaarvoice</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-1983</link>
		<dc:creator>Effective blog promotion for startups: examples from SeatGeek, WePay, and Bazaarvoice</dc:creator>
		<pubDate>Tue, 27 Jul 2010 14:32:28 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-1983</guid>
		<description>[...] “Paul Graham says that good startup founders can be described in two words: relentlessly resourceful.  I agree, but I would add two words of my own: arrogant and naive. Arrogant enough to get in the ring, and naive enough that you still think you will win after you feel the first punch.” - Rich Aberman from “5 things I ‘knew’ (or should have known) before starting a company, but didn’t fully understan...” [...]</description>
		<content:encoded><![CDATA[<p>[...] “Paul Graham says that good startup founders can be described in two words: relentlessly resourceful.  I agree, but I would add two words of my own: arrogant and naive. Arrogant enough to get in the ring, and naive enough that you still think you will win after you feel the first punch.” &#8211; Rich Aberman from “5 things I ‘knew’ (or should have known) before starting a company, but didn’t fully understan&#8230;” [...]</p>
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		<title>By: Mark</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-1065</link>
		<dc:creator>Mark</dc:creator>
		<pubDate>Thu, 10 Jun 2010 05:13:49 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-1065</guid>
		<description>I believe I just have been told about this issue 
at pub 2 days ago by a mate, but at that time 
it didn&#039;t caugh my attention.</description>
		<content:encoded><![CDATA[<p>I believe I just have been told about this issue<br />
at pub 2 days ago by a mate, but at that time<br />
it didn&#8217;t caugh my attention.</p>
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		<title>By: nick jordan</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-726</link>
		<dc:creator>nick jordan</dc:creator>
		<pubDate>Wed, 02 Jun 2010 23:11:36 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-726</guid>
		<description>&gt;Some social networks recruited celebrity early-adopters that brought their followers along with them.

Can you be more specific? This is one way I was planning on acquiring users and any info would be much appreciated.</description>
		<content:encoded><![CDATA[<p>&gt;Some social networks recruited celebrity early-adopters that brought their followers along with them.</p>
<p>Can you be more specific? This is one way I was planning on acquiring users and any info would be much appreciated.</p>
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		<title>By: bits and pieces &#187; Blog Archive &#187; 5 things about startups</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-82</link>
		<dc:creator>bits and pieces &#187; Blog Archive &#187; 5 things about startups</dc:creator>
		<pubDate>Mon, 12 Apr 2010 08:28:26 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-82</guid>
		<description>[...] 5 things I knew about startups but didn&#8217;t fully understand until now [...]</description>
		<content:encoded><![CDATA[<p>[...] 5 things I knew about startups but didn&#8217;t fully understand until now [...]</p>
]]></content:encoded>
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		<title>By: EverydayUX morsels (April 3rd &#8211; April 9th)</title>
		<link>http://blog.wepay.com/2010/03/5-things-i-%e2%80%9cknew%e2%80%9d-or-should-have-known-before-starting-a-company-but-didnt-fully-understand-until-now/comment-page-2/#comment-81</link>
		<dc:creator>EverydayUX morsels (April 3rd &#8211; April 9th)</dc:creator>
		<pubDate>Fri, 09 Apr 2010 17:03:32 +0000</pubDate>
		<guid isPermaLink="false">http://blog.wepay.com/?p=185#comment-81</guid>
		<description>[...] 5 things I &#8220;knew&#8221; (or should have known) before starting a company, but didn&#8217;t ful...Excellent post. [...]</description>
		<content:encoded><![CDATA[<p>[...] 5 things I &ldquo;knew&rdquo; (or should have known) before starting a company, but didn&rsquo;t ful&#8230;Excellent post. [...]</p>
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