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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 softwaredevelopment forces startups to launch half-baked products.
In the technology sector where I most often play, extended unplanned softwaredevelopment cycles account for the majority of these corporate failures. We often accept that development schedules for young companies are almost always too optimistic. The financial pain of unplanned delays.
How You Get Slaughtered in a DownRound: When Taking Venture Capital Doesn’t Go as Planned – crowdspring.co/MvF29W. Legal Contracts for SoftwareDevelopers Who Hate Contracts (w/free contract template to use today) – [link]. Facebook and WhatsApp: The Nineteen-Billion-Dollar App – crowdspring.co/1jOdRlK.
Email readers, continue here…] In the technology sector where I most often play, extended unplanned softwaredevelopment cycles account for the majority of these corporate failures. We often accept that development schedules for young companies are almost always too optimistic.
In the technology sector where I most often play, extended unplanned softwaredevelopment cycles account for the majority of these corporate failures. We often accept that development schedules for young companies are almost always too optimistic. Email readers continue here.]
In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. Any custom manufactured IoT device would require softwaredevelopment as well as hardware customization. Both of which are expensive and time-consuming.
The Damaging Psychology of DownRounds | by Mark Suster – [link]. Legal Contracts for SoftwareDevelopers Who Hate Contracts (w/free contract template to use today) – [link]. What Steve Jobs Can Teach Us About Management and Leadership – [link]. “Embrace skeptics. ” [link].
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