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The story of startups and Corporate Giants goes way back in history to the story of David and Goliath. In this biblical story, David could be thought of as a startup and Goliath as a Corporate Giant. In the story of business, we often think of this relationship as an adversary relationship. But the truth is that collaboration between David (startups) and Goliath (Corporate Giants) is more beneficial to the economy.

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These days you would think that profits are a four letter word for Venture Capitalists. Amazon was the pioneer in this culture where market share was first and profit comes later. Management consultants would call it the Jeff Bezos Amazon Strategy (JBAS) and the Profits Later Movement. What role does profit have in a business and is it sustainable for tech companies to forego profits?

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