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VC Bill Gurley says this story is a must read

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On Tuesday, noted venture capitalist Bill Gurley tweeted that the following article by Reuters' Paul Carsten is a "must read." Check out why below: Must read article for any late stage private investor. Times are changing. Profitability matters. https://t.co/7KUHUQzkMq — Bill Gurley (@bgurley) December 8, 2015 BEIJING (Reuters) - The Beijing offices of Shequ001, a start-up delivering supermarket goods booked via smartphone, stand almost deserted. Leaflets lie scattered on the floor. Nearly 400 former employees, of a workforce that in March topped 2,000, have joined a social network clamoring to get their unpaid wages. Zhang, who gave only his family name, is one of fewer than three dozen...

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