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The unfortunate demise of Ninja Blocks highlights an important issue that founders need to get their heads around

Mat Beeche - May 12, 2015 4 MIN READ

Yesterday, there was one story that dominated the Australian startup ecosystem: Ninja Blocks, a local pioneer in the Internet of Things space, would be closing its doors. It was a clear-cut case of not being able to continue building the company due to a very limited financial runway.

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