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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. The answer?

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Irene brings rain, flooding and end of news as we know it [#irene]

This is going to be BIG.

Forget new business models for journalism. Remember the covenant that the music industry used to have with the consumer? ” The real news—the information I needed, cared about, and found relevant—as it turned out, was on the internet. It’s done. I kept thinking, “Where is the actual news?”

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