Remove Cram Down Remove Software Developers Remove Vertical
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Lean Startups aren't Cheap Startups

Steve Blank

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.) And as much as I like the startup ecosystem here it seems to me that the people cost of software development forces startups to launch half-baked products.

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