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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Equally, hoping to unseat TripAdvisor without understand their SEO strengths and how much it would cost to knock them down would be naïve.

Startup 150
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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Traditional software vs. SaaS. SEO marketing vs. social marketing. The other problem with extreme success is that for some VCs it makes them disinterested in middling outcomes, things that take a long time to incubate or solving thorny problems when a company doesn’t immediately move up and to the right.