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I believe that over capitalizing companies too early often favors the VC. Here’s what those VCs (and us entrepreneurs, myself included) didn’t understand: 9 women can’t make a baby in a month. Markets develop for a complex set of factors that are often beyond all of our control.
My company had raised venturecapital in April 2001 but we were told that there may never be any more coming. I learned how to establish a technology center in India and how to manage disparate developmentteams (and this has drive my thoughts also about what does NOT work.). He’s family and he knows it.
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