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Building To Flip Is Building To Flop
If you’re about to build anything, don’t build it to flip or you’re almost guaranteed to flop. Sure, you could win the Yahoo lottery, but the odds aren’t in your favor. If 9 out of every 10 new companies fail, I can’t imagine the minute percentage of successful acquisitions. 1 in 100? 1 in 1000? Worse?
via Ken Dyck.
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