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Re: VC's Web 2.0 Madness
by
Anonymous
It's like swing trading.
you don't really care about the securities.
in 2006, a good business is not necessarily a good investment, in the same way, that a cash negative black hole is a perfectly rational capital gains opportunity.
I mean, I'd never do these built-to-flip things - but maybe that's a mistake I am making.
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