Turing Distinguished Leader Series: With Partner David Zhang, TVC
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AUGUST 26, 2022
I’m a partner at TCV, which we founded in 1996. That’s a valuation number and pricing number. Suppose you trace the history of Netflix, which we’ve invested in since 1999 and are still one of the largest shareholders. The churn rate increased, and then the stock plummeted by 70 percent.
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