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What VC’s want in a software/services startup

Here are some notes from a seasoned entrepreneur who attended this SDForum VC Roundatble event last night in Palo Alto featuring the following panel:  Rebecca Lynn (Morganthaler Ventures), Evan Liang (Shasta  Ventures) and Rohit Gupta (Opus Capital). Comments re. what VC’s are seeking in a software/services startup: subscription models are favored; free first, subscription later 

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