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April 24, 2011 09:52 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JMzvZeFmHiQ/
What Should You Do with Your Crappy Little Services Business?
Editor's Note: This is a guest post by Mark Suster (@msuster), a 2x entrepreneur, now VC atGRP Partners. Read more about Suster atBothsidesofthetableThere's a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. This thinking is largely driven by the venture capital industry who are in search of high margin, highly scalable businesses. It's nearly impossible to get a services company financed by VCs. You're a small fish.But technology service businesses can be hugely profitable, rewarding & life-changing experiences for entrepreneurs. So how should you think about whether to build a services business or how to finance your existing one?Read on ...Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JMzvZeFmHiQ/
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