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The math doesn't look reasonable in this post. The "okay" startups only return 25% growth over ten years. Even hundred year-old blue chips grow faster than tha
by xiaoma 10y ago
The math doesn't look reasonable in this post.
The "okay" startups only return 25% growth over ten years. Even hundred year-old blue chips grow faster than that. Of course a 50M exit isn't good enough if it takes ten years and you only own a quarter of the company after putting in 10M.