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  <title>Comments for Capital Influx</title>
  <subtitle>A Blog About Making Culture</subtitle>
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    <id>tag:www.dashes.com,2002:/anil//1.1318</id>
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    <published>2002-05-19T18:38:00Z</published>
    <updated>2005-08-12T06:49:39Z</updated>
    <title>Capital Influx</title>
    <summary>Liz nails one of my recurrent peeves about people who consider themselves entrepreneurs these days:It amazes me that people have such short memories. There was...</summary>
    <author>
      <name>Anil</name>
      <uri>http://anildash.com/</uri>
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      <![CDATA[<p>Liz nails <a href="http://capitalinflux.blogspot.com/?/2002_05_01_capitalinflux_archive.html">one of my recurrent peeves</a> about people who consider themselves entrepreneurs these days:</p><blockquote>It amazes me that people have such short memories. There was a time, not so long ago, when VCs were the lender of last resort for entrepreneurs. If you were going to start a company, you "bootstrapped" it. If you couldn't bootstrap it, you applied for a bank loan. If you couldn't get a bank loan, you *might* start to think about equity financing.</blockquote><p>Goddamn right. Real business don't <em>take</em> money, they <em>make</em> money.</p>]]>
      
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