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Only for web startups I would say. Things are very different in hard, enterprise software business.
by braindead_in 16y ago
Only for web startups I would say. Things are very different in hard, enterprise software business.
- adaugelli 16y agoStill for most startups - though outside the realm of this board - cleantech, life sciences, and enterprise hardware startups still require major VC and PE backing over their life cycle. For example - Better Place - a provider of Electric Car Service Stations just raised a $350 MM Series B with HSBC as the lead investor. HSBC doesn't bring management expertise - but they did bring $150 MM of investor dollars.