Within the article story of one startup are great takeaways for entrepreneurs and all startups.
Excerpt: The key to handling the seed money, Palmer says, is not a secret: you try to keep expenses down. For instance, Pingup is located in the Innovation District — a heretofore largely undeveloped and unprepossessing slice of South Boston’s waterfront — because rent is cheap. “We try to be as efficient as we can with every single dollar,” says Palmer, who includes herself in that efficiency. She works at Pingup part-time.
Read full article start-up seed funding cash management. From CFO.com