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What do people typically mis-spend on? I'm assuming salaries for talent they don't yet need. But curious if anyone had more insights.
Does this mean paying too much for the people hired, or hiring people who aren't crucial?
Both, but mostly the latter
VCs are over valuing talent/team to PMF so startups and VCs throw money at the problem.
And too big fancy offices
Also advertising. In India a startup by the name of http://Housing.com failed bcoz of too much spending on advertising
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