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  1.15. Jared Allgood of ClassTop on the Money Trap (2 min.)

Jared Allgood is currently the CEO of Juxta Labs, a social and mobile apps development company. In under two years, Juxta built the largest network of classmate relationships in the world, ClassTop, which was sold to publicly-traded Classmates.com.

In this video, Jared presents his arguments for why entrepreneurs shouldn't "take the money" (i.e., investment money) early in the startup process.