Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets
Steve Blank
NOVEMBER 7, 2023
The tech ecosystem got a rude awakening in May 1998 when the U.S. As an example, this is a diagram of the multiple beneficiaries and stakeholders that a software company developing math software for middle school students has to navigate. We ignored Washington and Washington mostly ignored us (defense contractors excepted.)
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