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Michael Moe, a founding partner at ThinkEquity, urges those thinking of venturing into a start-up to consider not just the hot and trendy technologies of today, but those ideas that will permeate culture five or more years into the future. He also suggests considering demographics and how they are evolving. As example, he offers a snapshot of the US from the 1800's, when the average life expectancy and family size were quite different from modern day. These cultural transformations provide the framework that the business-minded need to consider for long term survival.
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