“Do Not Finance Your Startup Business with Credit Cards.”

So says venture capitalist and
thinker Paul Graham. His quote from a magnificent post,

“Do not finance your startup [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][business] with credit cards.
Financing a start up with debt is usually a stupid move,
and credit card debt stupidest of all.  Credit card debt
is a bad idea, period.  It is a trap set by evil companies
for the desperate and the foolish.”

Nuff said.[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]