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Back to the Silicon Valley guys.
The smart guys had no money to start a business so they wrote up business plans and took them to venture capitalists who have loads of money. These business plans contained phrases like the aforementioned "business model," "strategic initiative," "market share," "projections" and "metrics management." These high-falutin' documents contained color charts and were bound beautifully. Some of the more enterprising smart guys made their presentations with dancing girls accompanied by live bands. The venture capitalists were impressed and entertained.
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- Companies:
- Compass Capital Partners
- Places:
- Silicon Valley
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