3min chapter

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Cloud Wars and Company Wars: Play Nice But Win

a16z Podcast

CHAPTER

How to Stay Innovative in an Industry Environment

E m c had become the leader in data storage, and the had this 81 % interest in vmware. The only problem is we needed 67 billion dollars to create a new company. We worked on that, and through some very creative structuring,. figured out a way to do it, kind of with their money basically, and contributing all of our own equity. And we thought it would work, but it actually turned out to be way better than we thought. Cashflo was going really, really well. Within 18 months, within 18 months, our net debt was like zero.

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