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micah63 | 9 years ago
1 - Seed money is given on promise
2 - How to get VCs to invest: Build something people want + talk to users + focus = 10% growth
3 - Be default alive, which means: existing cash + revenue - consistent expenses gets you to breakeven
*How to shoot yourself in the foot: Overhire -> Default Dead -> Ugly Duckling -> No VC
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