Having talked to thousands of entrepreneurs over the last decade and a half, I’m still surprised by the large amount of companies that are still starting businesses without viable revenue models.  In fact many entrepreneurs are starting companies without any revenue model plan whatsoever!

Granted, there are companies without revenue models that have sold for breathtaking bounties.  Just this recent quarter, Draw Something sold to Zynga for $300 million and Instagram sold to Facebook for a whopping $1 billion.

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