A Successful Business Solves Problems

Mitch Kapor, Foxmarks

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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.

Jan 16, 2008

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