Startups: That ‘Next New Facebook' is Great, But Market Acceptance Will Result in Funding

by Tom Dalton  on Monday, Jul. 9, 2012 12:00 am  

Tom Dalton

Too often, technology developers concentrate the majority of their time on perfecting products, ever tweaking that “next new Facebook” or that must-have new app. And when finally they are finished, they approach investors for that infusion of $250,000 to $500,000 to enter the market, yet with no sign or hint of customer acceptance.

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