If it doesn’t work out the first time, or the second

or even the third, don’t lose hope. Why? I’m sure many of you saw the news today about Pure Digital (they make the Flip digital video camera) being acquired by Cisco for big dollars.  Check out this great post by Michael Arrington about how many times they made the wrong product before they got it right.

We work with a lot of early stage companies, heck we’re one ourselves, and I’m always encouraging them to be on the lookout for the part of their business that they are overlooking that may be their big break.

There are lots of examples of companies that have succeeded at something they developed while working on what they thought was their main goal.  What I’m trying to say is, keep your eyes open for opportunity.

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