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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.


Slope, Y-intercept, and Billions of Dollars

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