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CATASTROPHIC CIA HACK!, page-16

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    I had an average of 21. Bailed out at 12 and then 6 would happily take a kick in the face for the money back. Hoping to one day jump back in on the turnaround and salvage money but not holding my breath. What always kills startups is they are never in a rush to get to cashflow positive, and just keep raising and raising. By the time they prove the model if they ever do they have diluted you to buggery.
 
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