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The Pmarca Guide to Startups, part 4: The only thing that matters

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June 25, 2007

The Pmarca Guide to Startups, part 4: The only thing that matters

This post is all about the only thing that matters for a new startup.

But first, some theory:

If you look at a broad cross-section of startups — say, 30 or 40 or more; enough to screen out the pure flukes and look for patterns — two obvious facts will jump out at you.

First obvious fact: there is an incredibly wide divergence of success — some of those startups are insanely successful, some highly successful, many somewhat successful, and quite a few of course outright fail.

Second obvious fact: there is an incredibly wide divergence of caliber and quality for the three core elements of each startup — teamproduct, and market.

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The Customer Development Model – Steve Blank

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We would enjoy learning about your business and considering it for venture capital funding. It’s easy to reach us. Email or call. Have a mutual acquaintance connect us. Before you send your business plan ideas please read the Elements of Sustainable Companies and Writing A Business Plan.

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(Do not submit any information or other materials that you consider to be confidential or proprietary. Because of the large number of business plans and related materials that we review, and the similarity of many such plans and materials, we cannot accept responsibility for protecting against misuse or disclosure of any confidential or proprietary information or other materials in the absence of our express written agreement to do so.)

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