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How This Founder Discovered a Way to Avoid Tricky Startup Costs

How This Founder Discovered a Way to Avoid Tricky Startup Costs

In 1999, Rackspace was a fledgling startup facing a major issue: the company couldn't afford the expensive hardware necessary to run their server business. Instead of trying to raise more VC funding, co-founder Morris Miller decided to buy the hardware on consignment instead.
Published on: Oct 4, 2019
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