Archive: startup myths

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Competition is an essential part of the startup world. When evaluating a startup, investors need to study its target industry and understand what its competition looks like.  But this is where investors typically fall into a trap. If the startup has a lot of competitors, investors may assume that’s a bad sign. And that it’s unlikely to succeed against so many competing products. If the startup has few or no competitors, they assume that’s a good…
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One of the most popular investing myths is that a good technical startup needs a co-founder who can handle all of the technology or software development. And the lack of a Silicon Valley tech wizard spells failure or doom. But that’s really outdated thinking. As Vin…