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by WhyKill
2621 days ago
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Sell a product that people want to buy and then don't run out of business making that product. If you have traction already, leverage it. Keep costs super lean. Expect slow but steady growth. The only reason to take VC money is if you are reasonably certain someone with better funding than you could eat your lunch. How to know if someone can eat your lunch: do you have any IP or trade secrets or secret sauce? No? Maybe you should raise VC money, but realize you will be competing on execution and not on special sauce. |
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