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Joel_Mckaytoday at 3:06 AM1 replyview on HN

Your perspective is a common myth, as in business ones reputation and integrity ultimately determine the formalized credibility of your firm. This is true with consumers, supply chains, customs bond subprograms, and your partners.

i.e. people can only lie, cheat, and steal from people for a finite amount of time. It ultimately leads to competitive disadvantage, and repercussions.

In general many VC/Angle "investors" were just predatory loan scams, that could ultimately destroy the founders firm. Warning signs often include proposals to table personal assets, share dilution scams, equity siphon holes, and stock market IPO legal cons.

Using debt to grow is generally a bad long-term strategy, and positive cash flow is always king at any scale. If the firm can't make sales, than growth is just a fools errand.

In my opinion, the Zuckerberg story ruined a generation of business people. =3


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dragonwritertoday at 3:22 AM

> i.e. people can only lie, cheat, and steal from people for a finite amount of time. It ultimately leads to competitive disadvantage, and repercussions.

That’s why you use you initial limited window to establish conditions where you don't need to compete, remembering competitive disadvantage a non-concern.

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