<i>...given just $20,000 by the incubator, and after the four-month program ended, the money was gone...</i><p><i>...after pivoting and focusing solely on letting teachers share lesson plans, Simons said he was able to score $50,000 in seed funding from Ulu Ventures and Silicon Valley VC Paul Sherer.</i><p><i>Now, Simons said, he's looking to raise an additional $500,000.</i><p><i>So is Simons just a kid with a particularly honed entrepreneurial spirit?</i><p>Exactly when did the definition of entrepreneur change from "build a sustainable business that provides value to its customers" to "survive long enough for the next round of investment"?<p>I admire Eric for his tenacity (most others would have quit long ago), but I'd much rather hear about when he actually sells something.