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Special: Sequoia Capital's Investment Playbook (with Alfred Lin)
Acquired
Will It Work Outside of New York City?
Don Draper: It's funny, we've danced from this question around market size to this topic in unit economics. He says high gross margin as Bezos would say, it's not about margin percent. If you have large margin dollars, that can be okay even though the gross margin percent is not as high. "The confusion, I think, is the availability of capital," he adds.
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