#Phase 1 Dilemma

Jul 11, 2012
Thoughts

The Phase 1 Dilemma

In city building, there’s perhaps no greater challenge than what we here like to call The Phase 1 Dilemma. The essence of the problem is this: Finding $50,000,000 to fund a ready-made and demonstrably profitable project is (relatively) easy. Finding $50,000 to develop, study and analyze said ready-made and demonstrably profitable project is (virtually) impossible....

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