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Taunting the Gods of Business

Observations on high tech startups, and walking the tightrope that divides hype and reality

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startups, venture capital, angel, angels, initial public offerings, price-earnings, ratio, initial public offering, profit margin, markup, making a profit, bottom line, net, gross, COGS, cost of goods

Excerpt:
... Nicholas Carroll September 21, 1999
I wrote this to crystallize my own thoughts, shortly after helping some high tech startups with their business plans. Or was I just there to watch them crash and burn? Hard to say.
The rise of dot-com companies, with their accompanying hype, has led nearly the entire nascent Internet business sector to see hype as not just a business strategy, but the only business strategy.
Thats a narrow, stock price viewpoint. High-tech ...


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