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Comment on How I sold my start-up for $40 millionparent

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Mining money isn't a good fit for dotcoms, I've seen it first hand, as an employee of a startup with investors there (WA). These guys get edgy in businesses they don't understand, and IT is a long way from digging shit up and selling it to the Chinese. You want savvy investors who move in the right circles, not just ones with fat bank accounts and no clue how to turn a PC on.

Maybe I need to rethink it then. It just struck me as a similar risk profile and lifecycle.

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