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For our Insights and Opinions article today, Brian Horakh , CEO of Del Mar-based Zoovy , a developer of e-commerce software, gives some hints and tips on creating a high barrier to entry. Today with the Internet and the advent of virtual/drop-ship inventory, anybody can start up a niche retailer with minimal capital.
Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.
This is part of my ongoing series about Raising Venture Capital. With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. If a VC term sheet comes in they begin their duediligence process.
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