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all companies can continually improve the execution and in high growth situations the next set of challenges is by definition always right around the corner (a good problem to have imo). The behavior that is really dangerous is where management acts like they are the smartest guys on earth for starting the company and the VC's act lke they are the smartest guys of earth for investing, and no one is critically examining the biz
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one simple issue with vc backed boards... they are way to easy on management when things are going well and often to hard when there is a problem.
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Apr 6, 2011