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The Importance of Benevolent Dictators

Both Sides of the Table

Should you increase your burn rate by adding 2 senior hires who will help you ship faster or sell more but then have less time for fund raising? It’s 2013 and I’m supposed to believe in the “wisdom of the crowds.” Or maybe their existence itself will help accelerate fund raising. Tempestuous.”

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5 Shark Tank Lessons Every Startup Should Understand

Up and Running

Investors like valuation to relate to actual business numbers, such as sales, gross margin (price less direct costs), and burn rate or fixed costs. I can take the money you want, hire some people, and become your competitor.” It’s simple math. . That’s a simple matter of making offers and counter offers. Defensibility.

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