PREVIEW

... p>

The revised plan was also very simple—just add a review mechanism. Hire someone relatively reliable to directly filter out those copying other people’s business models or those with really bizarre ideas. From what remained, he’d make time to confirm them himself.

Finally, he’d determine who could meet in person. After meeting in person, he’d decide how much money to invest, how to invest it, and how much equity to take.

Of course, he also knew that with this approach, there ...

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