2 ms·
that fund is Berkshire Hathaway, more or less?
by jjtheblunt 5y ago
that fund is Berkshire Hathaway, more or less?
- mdorazio 5y agoNot really. Berkshire's general model is to buy mature businesses that are either troubled or undervalued and then "fix" them to reach a higher valuation within their overall portfolio. That's somewhat different than doing a deep business analysis on an early stage company to determine its long-term potential. Interestingly, I think the latter is actually closer to what VCs focused on before YC took center stage.