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You have a successful shop and feel that the demand for your shop has outpaced your capacity. You have decided to pitch your idea to

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You have a successful shop and feel that the demand for your shop has outpaced your capacity. You have decided to pitch your idea to a venture capitalist (VC). You brought in your income statement as you highlight that last year your gross profit was $500,000. the VC tells you that number is pointless. He asks you for your net profit. What information was the VC looking for? Why? 12pt Paragraph B I U I U A p :: O words

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