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Time is the Enemy of All Deals

Both Sides of the Table

When I was raising money for my first company we had closed a seed round in 1999 and were working on our A round. We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. It was December 1999. So, where does this all come from and how can you apply it in practice? I was resolute.

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Behind Every Great Product

SVPG

But back in 1999, a then very young Netflix based in Los Gatos with less than 20 employees, was on the edge of going bust. They had a couple experienced co-founders, including the now legendary Reed Hastings, but the problem was that they were stuck at about 300,000 customers. The title is not important; the work they do is.

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