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What if “success” is building an amazing place to work where your team is paid really well and actually enjoys working there (instead of having people who jump from startup to startup playing the equity game)?
Business plans are great for execution challenges like building a new factory or expanding your sales force. However, insisting on a business plan when it comes to innovation and new ventures is a terrible idea.
Well-respected VC's have collectively invested over $9 billion into 125 on-demand delivery companies over the past decade. But that flood of money has slowed to a relative droplet in the last half of last year.