Fred Wilson:

I am a fan of the slow and steady approach to building a business. I call it “crawl, walk, run.” I have seen many founders try the “run right away” approach and it is super hard to make that work. An example of “run right away” would be to raise a $30mm seed round, hire a couple of hundred employees, and go for broke. That mostly results in being broke.

That’s a pretty good punch line.

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Labs @ Medium. Avid reader, long time blogger.

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