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hes projecting 3 million in revenues,how is that not big time?most small startup companies struggle for years before even smelling that half a million valuation
That's what he's projecting. It doesn't mean it will happen. That's what business owners do.
When it comes to web based ventures, struggling for years is not an option because technologies evolve rapidly. . If you can't make it work within 18 months, you're history.