20 VC 001: Guy Kawasaki of Apple, Motorola and AllTop.com
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
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The Importance of the Product in Startups
I think that the most important thing is the product. You can have an amazing team of bad products and it probably won't go anywhere. I am in the vast minority of venture capitalists who think this way. So do you expect existing revenues when you look at a startup at all or not? At the stage that most of these decisions are made, the revenue is zero so you have to go on potential then.
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