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Why startups fail

My friend Michael Trout says: Fourteen million business plans are submitted each year in the U.S. (according to Google Aardvark) and only 2000-3000 (according to Adeo of TheFunded.com) are deemed successful! So, if you are submitting a business plan then you have a 0.0214% of getting funding each year! From a systemic perspective, most startups

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