These survey results sums up the case of Tech Startups very nicely in pictures:
This leads one to the unstartling conclusion that tech startups -- needing a product to sell -- focus their few hands on product development. Without a revenue stream, even minor expenses, over a short time, will prove detrimental to the enterprise. The longer view is vital, but often only gained through difficult experience. Details of the survey may be found here at FounderSpeak. CommentsLeave a Reply | AuthorRichard Kuslan is an attorney in New Haven, CT, who represents small and medium sized business. Before working as an attorney, Rich marketed and sold technology in the US and Asia. He is the founder and editor of AsiaBizblog, the internet's first weblog on Chinese business and law. ArchivesCategoriesAll |
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