Competing with Giants, Choosing Investors, and Building Company Culture: A Successful Business Solves Problems (Lecture 2 of 8) Stanford

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"A solid business model can't survive long-term if it just draws traffic. Serial entrepreneur Mitch Kapor points out that a concrete business plan must truly offer a solution to a well-worn market conundrum. While a flash-in-the-pan Facebook app may draw millions of users in minutes, without staying power it's not viable long term."

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