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Case studies 1. Cautionary tales

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I can’t resist offering a warning about how people can ignore the simple principles discussed in this chapter.

Two unrelated software entrepreneurs I know made a great deal of money from their specialty. They each then invested in other things besides the industry they know because the investments seemed easy to understand. One lost a lot of money on Spanish property when the market crashed. The other invested in Indonesian rubber trees that are thousands of miles and many time zone hours away, and in a wildly different culture, and had huge problems as a result.

How To Become A Business Angel

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