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An Elvis Presley impersonator performs in front of Graceland. Some venture-backed start-ups have found there’s nothing wrong with being copycats.

When markets heat up, entrepreneurs suffer criticism for launching “me-too” start-ups in a dense crowd of competitors. Bloggers, investors and analysts dismiss some as “dime-a-dozen” apps or services.

People marvel (or roll their eyes, enviously) at the funding that comparable businesses–like these ride sharing and mobile-payment start-ups–raise from venture capitalists.

To read the original article: Imitation Is the Sincerest Form of Fundability - Venture Capital Dispatch - WSJ