Fund accelerators, not just universities, says Steve Baxter

"Startups, by nature, get a lot of stuff wrong. As an investor I know – boy do I know it. People who found them start with an assumption, build a prototype and test it in the market, research their assumption with customers, and if they realise their product isn’t delivering, they typically cop it on the chin and move on to building their next one. And who’s to say that is a bad thing? How much time do we really have to waste on lost opportunities and money before we accept something just isn’t working?" Read more

Steve Baxter BRW 6 Oct 2015

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