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It's much easier to do a startup if you've saved up a war chest :) Or if your operating expenses are so low that you can sustain yourself long enough to see th
by veyron 16y ago
It's much easier to do a startup if you've saved up a war chest :) Or if your operating expenses are so low that you can sustain yourself long enough to see the business flourish.
Ironically, the various funds of Nassim Taleb suffer the same problem: collapsing because they could not survive to the moment when their strategies would be profitable.