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Praying to the God of Valuation

Both Sides of the Table

I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting.

Valuation 466
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7 Keys To Strategic Partnerships That Profit Everyone

Startup Professionals Musings

Entrepreneurs seem to have blinders on when looking at competitors. Always start with a formal proposal, limited in scope to a specific common objective or technology, for a limited amount of time, bounded by a two-way non-disclosure statement. Every startup has a core competency which should not be shared.

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Why We Shouldn’t Be In Love With Startups 

ReadWriteStart

Construction, utilities, transportation, retail, finance, insurance and real estate startups are industries that hit hardest on startups with an average failure rate among them of 40%. We found most unfunded or under-funded startups unable to compete with larger budgets, backed by some of the most prolific venture capitalists.

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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Many startups delay incorporation until the first formal round of financing, which is too late. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding.

Cost 363
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Paranoid Companies Miss the Best New Opportunities

Startup Professionals Musings

It’s a great survival strategy for small companies or entrepreneurs, and a good expansion strategy for even the largest companies. Others will now buy your travel magazine over a travel book, for example, which competes with both your magazine and the video individually. Cross endorsement. Possible investor.

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7 Ways Getting In Bed With The Enemy Can Be Win-Win

Startup Professionals Musings

Entrepreneurs seem to have blinders on when looking at competitors. Always start with a formal proposal, limited in scope to a specific common objective or technology, for a limited amount of time, bounded by a two-way non-disclosure statement. Every startup has a core competency which should not be shared.

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Why We Shouldn’t Be In Love With Startups 

ReadWriteStart

It’s one of the reasons sites like Fortune, Entrepreneur, Inc and Forbes spend a large majority of their content creation time filled with stories of startups, new companies and “the next big thing.” We found most unfunded or under-funded startups unable to compete with larger budgets, backed by some of the most prolific venture capitalists.