Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)
Steve Blank
JULY 15, 2010
If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Here’s why.
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