The rise of the “successful” unsustainable company
A Smart Bear: Startups and Marketing for Geeks
OCTOBER 23, 2012
Outspoken investor Paul Kedrosky characterizes Color’s reputation: “It’s become a punch line. Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. It’s not about the financing path, it’s about what you’ve decided to build. The launch, by the way, was a failure.
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