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David Gardner - An Investing Fool

The Business Brew

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Venture Capital - Where's My Hundred Bagger?

The venture capital industry seems to be holding on to their winners longer, keeping them private and basically milking returns. The opportunity i had in 19 97 to get amazon as a public market investor sub a billion, seems like that's not happening as much these days any more. I do think we've lost some of the alpha we could have gotten as public market investors by not being able to get uber at a much lower valuation.

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