Default Alive or Default Dead?

What I am reading: When I talk to a startup that’s been operating for more than 8 or 9 months, the first thing I want to know is almost always the same. Assuming their expenses…, Default Alive or Default Dead?, http://www.paulgraham.com/aord.html, http://www.instapaper.com/rss/238947/i35BSjISqVKnAGF4lqMOZltq2L0, Instapaper: Unread, ,

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