As Populist as it May Feel, 98% of VCs Aren’t Dumb
Both Sides of the Table
MAY 25, 2013
In the original version of his post, Andy writes. In 2013 it is expected to be around $35 billion. Compare the state of play in 2013 versus 15 years ago. 2013 = $25 billion of which Apples stage is more than $8 billion at > 90% gross margin. This happens at acquisition time, too. hours / day. According to Andy.
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