Sanjay Nasta

A member of the Philip Greenspun's Homepage community since April 26, 2001

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April 26, 2001, on ArsDigita: From Start-Up to Bust-Up:
As someone who has a succesful consulting company I looked long and hard at taking VC $$$ in the last couple of years. I could never come up with a business model that made sense to the VC's. They want home runs--not a series of singles and doubles that will win the game. As the crash of last year has shown the VC's model of Start-Spend-Explode does not replace Start-Learn-Grow. Money is not a substitute for industry knowledge, customer knowledge, methodical testing of markets.