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Season 2, Episode 1: Zappos (with Alfred Lin)
Acquired
Investing in Companies Back in the Nineties
Back then we raised 27 million dollars from friends and family of link exchange after the loquidity event. We had decided that we were going to figure ihad o invest in 27 ishor really 30 companies over three years. And you didn't reserve anything for ioraserve anything for paratu. So that was to learn, that was a big learning experience of, like, time diversification is actually important in the venture business.
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