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Exabyte, one of Colorado’s hottest deals, was formed in 1985; Connor Peripherals (fastest growing company in the history of technology manufacturing, four years to $1 billion in revenue) raised its first round in 1987. “By By 1994 the big software wins of the 1980’s were already funded or public.” This isn’t correct either.
We also know lots of valid reasons why the company could be valued at far less than it once was including: Stalled Growth – revenue essentially flat over the last 4 quarters. Same is true when you look at actual cash in and out the door… Zynga’s operations generated $146M in positive cashflow in 1H 2012.
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. Using licensees is an excellent way to boost your revenue without the need to hire and external sales force.
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