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Five common misconceptions about building a startup in New York City

This is going to be BIG.

It’s often some combination of the idea not being big enough to sustain a venture exit or the company just not being appropriate for venture financing. My company was not well executed enough to achieve venture capital financing—and that wasn’t the city’s fault, it was mine. I was there, too. They’re not “dumb Wall Street money”.

startup 301
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The Anatomy of a Pitch

Entrepreneur's Handbook

In practice, this means building a brand, cultivating networks, and saying a lot of ‘nos’ without losing access to deals. Apophenia is a term that explains this tendency to see patterns in randomness, across domains of finance, art, science, and games of chance. Part of the reason the brain does this is survival.

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Spain’s ten-year plan to put startups in the economic driving seat

TechCrunch

He highlights a couple of priority projects: One to create a network to link entrepreneurs and policymakers with the wider ecosystem, and another to connect incubators and accelerators to build out a national support network for founders — both of which have been inspired by approaches taken in other European countries.

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