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The new startup playbook: "Stallions" and avoiding ‘unicorn’ habits

For years, the playbook for startups in Silicon Valley was crystal clear (if not particularly economically sound). Raise as much as you can, and never turn money down. Get users, more users, and then more. Figure out the business model part later.

Ultimately, get that billion-plus valuation — and you’ve made it.... Read more here

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