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The Entrepreneur’s Essentials #15: The fallacy of risk in entrepreneurship

Austin Startup

The second post was sent to me by Mitchell Green, the founder and CEO of Lead Edge Capital , who led our last round of funding at Bazaarvoice prior to our IPO. Writing a business plan is a must; failed entrepreneurs rarely take that step. But failed entrepreneurs tend to be wildly undercapitalized.

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Startups in stealth mode need one piece of advice - Discussion

news.ycombinator.com

For (B) there are some tens of billions of rectangular green reasons to keep it quite secret until some good lawyers have done good things with patents. The biggest risk in our business plan is that we are relying to some extent on time over money, because were self-funded. Idea (B) is actually how to make such a pill.

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