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Special: Ho Nam from Altos Ventures — A Different Approach to VC
Acquired
What Gives You Conviction in a Business?
The first rule is, well, does the business make money? Wy cause if the company, again, we talked about the founders trying to protect the founders. The second thing is what buffet calls a mot you have to have som thing that is protectable. You could tell your competitor exactly what you're doing, and they're still not going to replicate it.
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