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When expanding their businesses, most tech startups and the subindustries that comprise the tech industry typically follow this model. This suggests the firm should have a list of paying customers, consistent salescycles, a clear value proposition, and a developing revenue pipeline in the ideal situation.
Have domain expertise in an emerging area that the VC cares about and wants to develop more authority and dealflow around. The most obvious candidates of this sort are the folks who started or led community organizations focused on startups and their respective tech communities. ” That’s pretty much it.
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