I hate it when people put together charts (especially with labeled axes, clearly marked data points, etc.), and then say this: This is an entirely theoretical

I hate it when people put together charts (especially with labeled axes, clearly marked data points, etc.), and then say this: This is an entirely theoretical chart. There is absolutely no real data behind this chart. That said, it does reflect our experience investing in about thirty "web 2.0" companies over the past seven years.