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12 years ago
Hmmm, very interesting and strong viewpoints. However, wouldn't you say this is what is wrong with the industry now? Investors looking to make a few bucks rather quickly than having patience and seeing something flourish over time? Granted, not all startups, if any, actually quite blossom after a longer period of time, but I think it's a bit unfair to expect such rapid growth or success in such a small time. Nevertheless, I believe founders must be more cautious when it comes to taking money from folks who may have such narrow vision for the future. Due diligence should be happening on both sides of the table, and all entrepreneurs must understand the reality of the industry now compared to 10, 15 years ago where there was much more tolerance for high risk ventures and little bit more patience.
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