To quote Larry Kudlow: Free market capitalism is the best path to prosperity! Matters of business and free enterprise are discussed on this blog. Included are company press releases, 3rd party news articles and videos, articles and videos pertaining to small business, and white collar crime.
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Thursday, October 6, 2016
Slope, Y-intercept, and Billions of Dollars
In today’s column, I am going to steal shamelessly from smarter people than me to explain something about investing in startups: “A little bit of slope makes up for a lot of Y-intercept.”
This line is stolen from Stanford University computer science Professor John Ousterhout, who famouslymade this point in one of the “life lessons” he teaches his students.