Marc Randolph
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Marc Randolph has not written any posts yet.
Marc Randolph has not written any posts yet.
I vaguely recall that the first startup I was at made it to series D. Or maybe it was just C. Either way, it was around $200M, and we ended up going bankrupt, which I attribute to a couple different things: (1) the market that the exec's and board were targeting didn't really develop fully - although it was probably large enough to support our small company. Which brings me to... (2) the large customers that would have bought enough to support us didn't want to buy from a small company - they bought from more established companies, even if our product was more aggressively priced and better... (read more)
At the risk of pointing to the obvious, the "typical" method that has been used in the past military and space is hardware redundancy (often x3).