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Why Money is the Fastest Way to Kill Your Startup
Yuchin Lee, the founder of the sales software startup Allego, is no stranger to turning down investors’ cash. Since he founded his company five years ago, the Boston-based entrepreneur has turned away scores of interested investors and venture-capital firms, he says.
” I’m constantly getting unsolicited offers,” Lee told Business Insider in an interview. ” I get pinged just about every day – people sending Federal Express packages to my office, trying to make it seem like I have a fiduciary obligation to talk to them.”
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