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11 – PricingIssues. Pricing is one part science, 10 parts art. And a dark art according to a large number of startups which failed and who attributed product pricing that was too high or too low to make money. We so often see good ideas, without a good understanding of customer demand (reason number 2).
On the demand side, the IPO process is limited to a handful of institutional investors and also ignores the vast majority of retail investors. Investment banks simply do not match supply and demand. The vast majority of all bond offerings are priced using the order matching system. I kid you not —100% true.
until I couldn't seem to find a way from getting away from all these nasty, vulgar teens (or people pretending to be teens) demanding explicit sex every time I went there. I was very enthusiastic about IMVU, and loved their tutorials, and praised them on my blog, etc. So I gave up. September 12, 2009 5:48 PM Dlbluesaid.
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