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The Importance of Low Cost Structure in Startups
The business laws of physics were different with their were interest rates when amazon was founded 25 years ago. startups don't have the advantage right of you're not going to out spend microsoft or netflix on it so you got to find underdeveloped talent like peter teal says in his book Pogram. The rule used to be you couldn't go public until you had over a hundred million dollars in revenue and you were profitable if you didn't hit both tech both those boxes you weren't gonna ipl and you weren't gonna hear from me again.