Venture capitalists wouldn't touch a company that didn't own fiber.

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Unfortunately for the Dolan family that runs the company, the satellite venture can't be sold until it's up and running: Cablevision does not have the option to simply resell the spectrum that it bought and move on, according to analysts who follow the company.

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On my VC tour, I actually heard one legendary venture capitalist say that he found a company's name too proper, that it wasn't stupid and goofy enough for the Web.

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