Mebisode – Journey to 100X | #332
The Meb Faber Show - Better Investing
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How to Get the Most Out of Your Investment Themes
If all you have is an idea and a dream, a lot can go wrong. So many start ups tell you wha they're going to do but i prefer to see ones that already have a little bit of that product market fit. You want the possibility that a company can reach a hundred million in revenue per year which potentially gets them to a unicorn valuation. Of a billion. There's lots of great companies that may only get to ten millions in revenue,. But you odd as it sounds, mostly want to avoid them as that will not drive the power law outcome.
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