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There are plenty of massive, dominant private companies. Koch, SC Johnson, the list goes on ... The nature of VC or anyone investing OPM requires a short horiz
by joonix 14y ago
There are plenty of massive, dominant private companies. Koch, SC Johnson, the list goes on ...
The nature of VC or anyone investing OPM requires a short horizon. When it's your own money you don't ever have to cash out.
- snaky 14y agoExactly. I was reading about Ford Thunderbird recently - the car that "created the market niche", was a huge success, rose Ford brand to a new level etc., and oops, the project was closed by board and reopened only after huge fight by Henry Ford II.