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The Importance of Minimum Viable Product
The biggest opportunities are not anymore in the software only companies. What does a minimum viable company look like when you're dealing with the intersection of bits, atoms, and genes? I don't think it is $500,000 in seed funding, because that's not going to get you far enough. We're going to have to go back to the drawing board and start thinking about what is the next generation of startups looks like.