Tale of Two Valleys: LA and the Bay Area from an Investor’s Perspective
Mucker Lab
AUGUST 27, 2014
If you took a random sample of 100 entrepreneurs here in LA, over 50% might not be able to tell you how to technically calculate 90-day cohort retention or how to build a cash flow statement. That number in the Valley might be closer to 10%. Certainly it is a negative to not have acquired the basic skills of product management.
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