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    Why So Many Startups Never Reach Their Second Funding Round

    Seed funding often gives a company more opportunities to fail, not succeed.
    by Sam Hogg Dec 01, 2013 2 minutes
    Source: CIMMYT

    The "valley of death." I hear this term used a lot in startup circles, representing the gap between a great idea and the task of turning it into a business. From a financial standpoint, it points to the moment when the feel-good times funded by an initial

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