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"The MIT startup has no sales to customers, but possibly a DARPA grant to develop their technology. The team has 9 PhDs and just hired an MBA to start finding customers."

That sounds like an exciting setup to me. Also gives me hope for all the fresh PhDs you hear about lamenting their career options outside of academia. Then again, I suppose these ventures are quite limited, and risky, so you can't expect "MIT Startups" to serve as sanctuaries for Ivory Tower escapees.



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