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Money man and pundit Paul Kedrosky also spoke at the International Startup Festival and offered humorous, blunt advice about how to get what you want from investors and investmentbankers. Kedrosky: "In the 90's I was an analyst through all this [tech investment and IPO] madness.
And then, from those assessments, forecast how a course of specific decisions or investments will be received by the market, by current or prospective customers, and responded to by the competition. But a focus on simple to do list management, in the modern world, is far from sufficient. So, does this mean that planning is worthless?
First and foremost, the traditional rule of thumb that most investmentbankers have quoted me in the last couple of years was that in order to go public a company needs to have an annual run-rate of $40-50mm of revenue and a couple quarters of profitability.
First and foremost, the traditional rule of thumb that most investmentbankers have quoted me in the last couple of years was that in order to go public a company needs to have an annual run-rate of $40-50mm of revenue and a couple quarters of profitability.
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