frugal-is-as-frugal-does 
Both Sides of the Table
MAY 30, 2018
VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals. So why does a VC ask you? One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.”
InfoChachkie
MAY 16, 2011
Rationale: My idea is so mind-blowingly fantastic that I must immediately spend a small fortune to protect it before I perform any market validation. Fallacy: AdVentures tend to evolve once you begin speaking with pesky customers and demanding partners. 4) Perform China Syndrome Market Analysis. 3) Attempt To License An Idea.
InfoChachkie
JUNE 25, 2009
Like most mature markets, the legal profession is highly segmented with respect to the services provided and markets served. This is a reposting of a ‘classic’ popular post. Johnnie Cochran was an effective, albeit smarmy, defense lawyer who would say or do anything to defend his clients (anyone up for a glass of OJ?).
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