Good business

2016-07-27

"Bill and I were actually talking about what kind of investments GV was looking to make. He stressed that GV was looking to invest in businesses that were actually good businesses. As a counterexample, he brought up Twitter, which at the time he considered to be a 'good investment' (said with a grin and a wink) but not a 'good business'. I had one of those feelings that you get when somebody really smart just shared with you The Truth."
news.ycombinator.com/item?id=12174072

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