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> The startup community is missing out on a lot of extremely useful experience and maturity with these cheapskate shenanigans. Of course, the investors are happy to lack this, because exploitation of naivety in founders is one of their primary mechanisms to maximize profit.

Perhaps the SV Startup Community is but as far as the Midwest and East Coast goes; 90% of the founders I interact with have a house and kids. The biggest difference in business is that most of these companies actually have mechanisms for generating revenue. Aside from the fact they are solving 'real world' problems, not just building iPhone apps that delete the picture after you take it...




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