08-10-2016 11:07 via feedproxy.google.com

3 tests for identifying hot startups most investors ignore

In the 1980s, venture capitalists relied heavily on intuition – and got away with it. The market permitted only a finite variety of tech businesses. VC’s could act on instinct because they were well informed oN the possibilities. It didn’t take a rocket scientist to figure out that every PC needed a disk drive, operating system, and a handful of chips. Today, the technology market is much more open-ended and the nature of product development has evolved. Eric Reis introduced t
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