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Alias Born | 12/14/2017 |
Wednesday, May 15, 2024 5:28:21 PM
In reality, most issues are due to an inexperienced individual/group trying to do more than they have the skill set for with goals that are way to lofty/risky, timelines too aggressive, and a business plan that doesn’t account for any setbacks. They typically aren’t trying to deceive, but “investor” expectations are far higher than their ability to deliver.
The speed of the market far outpaces the speed of bureaucracy, especially over the last 4 years. The market can turn before you get anything actually accomplished rendering the original business idea not as fruitful as it once seemed.
Just about every OTC merger/acquisition started in the last 2-3yrs that I follow still has not completed. It’s not coincidence.
All posts are my own opinion. Do your own DD.
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