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Over the years, I've been an adviser and director of various early stage companies. It's been a lot of fun and always educational.
But, the process can be hit-or-miss, especially in terms of communications. Simply put, it's often hard to gauge the status of a company.
So, that's why I instantly liked the idea of PlanHQ. Basically, the company allows for a Web 2.0 platform for employees, advisers and investors to get updates on the business plan and projects.
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