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I think this is the trouble with being an entrepreneur. You are crazy right up until the moment you are proved right. At which point, the idea is ‘obvious to everyone’.

Of course, most ideas fail. Most entrepreneurs are just proved crazy.

It is a lonely existence where even other entrepreneurs are unsupportive.

These guys have a nice PR piece on the BBC. That will give them a big temporary boost in traffic. Maybe not so crazy?

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There are some business which are known to fail miserably.

Like, when you want to lend money to open a restaurant in some places, a reputable bank should be able to tell you that xx% of restaurants go bankrupt within the next 2 years.

Like the already saturated social media market. What can a new social network do that can't be done already on Facebook?

...or, if it isn't already being done by Facebook, can't be developed and rolled out incredibly quickly to a billion users if they decide that they like what you're doing and want to do it too.

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