In contrast to the freewheeling days of the Dot-Coms, today's survivors emphasize the relative value of each expenditure.
Are VCs unappreciative of great technologies and great opportunities? The barriers for entry are low and you have a great deal of control over your start-up costs. One interesting facet of VCs is that they are subject to a "herd mentality" along with various market and business analysts.
Integrate the most current security into your website. The second error concerns sales. One approach, for those that can afford it, is to build up a portfolio of patents.
But the real risk for investors became apparent as many of these businesses failed or were taken over by other companies. The initial plan for a start-up is known as a business plan.
When the plan is no longer useful in aiding decisions, it should revised, replaced with an implementation plan, or discarded.