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Thursday, May 23, 2013 9:12:50 PM
And no one is happier about the bump than venture capital firm New Enterprise Associates, which stands to generate a 20x return on its investment.
and THAT was at a $30 PPS!!!!
http://finance.fortune.cnn.com/tag/tableau-software/
vs:
“I would say the biggest thing I learned working in venture capital for two years and being exposed to it is — avoid venture capital at all costs. That’s what I learned…. I think it is very important for young missionary, driven entrepreneurs to avoid venture capital as long as they can, and if you can. Now, if your idea is to create some kind of chip and you need a fab plant, OK, that’s not going to work out. But, if you have software or media or something that could be bootstrapped, bootstrap it for as long as you can.”
Chabot added that venture capital can make entrepreneurs lazy, creating a “decision-making regime where there is money all of the time.”
“Think about raising your kids or your own life. Is that healthy to have money around all of the time? That actually warps decision making in an insidious way.”
Chabot said he reads stories of startups raising $20 million or more, and just knows that the outcome won’t be pretty.
http://www.geekwire.com/2013/tableau-ceo-christian-chabot-avoid-venture-capital-costs/
WHAT could go wrong with this $2B market cap picture????
MLM playing White: Queen sacrifice bait and mate in 7
The Chess Board http://investorshub.advfn.com/boards/board.aspx?board_id=14740
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