Both Sides of the Table

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

If this idea was so big then why would they risk not being first to market, not building defensible IP for the sake of a few hundred thousand dollars extra in lock-up money at a big company? VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. They both raised angel / seed money of $1.5 If you had huge customer growth but just didn’t focus on revenue that’s a different story. Both companies look the exact same after one year.

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