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Andreessen Hurts - Is That Really a Bad Idea?
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If Andreessen Hurts is buying in at 1.5 or 2, like Schmott's saying, is probably correct. If they have 700,000 of those, you're talking about a billion dollars in revenue a year. It's not like a 20X or a 50X. And you also get the branding, which I would not under value here of being the firm that backs bad boy entrepreneurs and is willing to go there and support.
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