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He was a former Wall Street analyst with no operating or investment experience, who became a VC by teaming up with operator LJ Sevin. There are five key risks in any deal: Market, Product (a/k/a technology), Management, Business Model, and Capital. Even many newcomers with little real experience were quite successful.
Expanding your marketing, administration, and operations can present some serious challenges, however, if you prepare well in advance, then you will have no problem navigating the competitive business climate. 2 License Your Product. You can either arrange an LBO of their business, or a mutual partnership that can benefit both firms.
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