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I am (not) a failure: Lessons learned from six failed startup attempts
A while back I wrote : I've had many, many failures in my life. (Hm, maybe I should write a blog post about that.) This is that post. I'm ...
We had numerous meetings with VC's, but none of them ever gave us a term sheet, probably because they knew what we did not: Fast Ethernet was coming, and although it would be expensive at first, it would quickly get commodified and beat out any potential competition no matter how technically superior it might be. The idea was that technology was making filmmaking more and more accessible, leading to a long tail of undervalued product that couldn't find an audience because of the bottleneck presented by a distribution system designed for more capital-intensive projects. I came up with the following diabolical plan: build a web site that would let people enter their trip details, and then give access to that data to the brokers as a lead generation service for a very modest fee.
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