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Of course there's a nonzero probability. That's an easy conjecture to make about any startup taking on something brand new. You'll always find hundreds of reas
by jim_greco 12y ago
Of course there's a nonzero probability. That's an easy conjecture to make about any startup taking on something brand new. You'll always find hundreds of reasons to say no in venture investing.
But what if they're right? What if does become a hit? What if this is a great new communications paradigm? Then the $12M greylock put in or the $100M purchase of periscope is a frickin' bargain.
- minimaxir 12y agoThe nonzero probability was more toward the journalistic implications than the financial implications. TechCrunch had written several articles on how Meerkat would feed a new generation of empathy, which I strongly question.