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It's all in the context. If there's even a small chance that it's worth that, then a VC is smart to walk away from a $3 billion sale. Of course the CEO may ha
by mathattack 13y ago
It's all in the context. If there's even a small chance that it's worth that, then a VC is smart to walk away from a $3 billion sale. Of course the CEO may have other incentives too, but from a16z's perspective it's a good move.