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Zappos CEO Tony Hsieh will invest $50 Million in Las Vegas startups

In an overcrowded market, startups need to stand out more than ever before. A bright idea will no longer carry a company; it’s all about execution.

To learn how to scale up — and what mistakes to avoid — we spoke with Andy White, director of the Las Vegas Tech Fund, which is part of Zappos CEO Tony Hsieh’s $350 million personal investment in the city. White is deciding how to allocate $50 million into about 100-200 startups, with investments of up to $500,000 each. Before moving to Vegas, he was the executive director at tech accelerator BoomStartup in Salt Lake City.

Full Story: http://www.businessinsider.com/las-vegas-tech-fund-director-andy-white-advice-for-startups-2012-9?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=War%20Room%20Select&utm_campaign=War%20Room%20Select%202012-09-28

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