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Ah, but my point was that they don't operate like startups. They may adopt a lot of startups' superficial trappings, but in their first three years, they aren't
by GCA10 10y ago
Ah, but my point was that they don't operate like startups. They may adopt a lot of startups' superficial trappings, but in their first three years, they aren't sharpening their objective by being cash-constrained and exposed to the evolving tastes and distastes of the outside ecosystem. They're semi-generously funded while building whatever will amuse Sergey and Larry. That's creates LINS problems, again and again.
- morgante 10y agoI agree that they don't operate like startups enough, but it is in fact the goal of Alphabetization. You're right that it's not working well enough. That's why I think they'd be better off simply making GV the largest private equity/venture capital firm in the world.