Turing Distinguished Leader Series: With Partner David Zhang, TVC
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AUGUST 26, 2022
You know, a lot of times, what we hear is: “Hey, what does the company do is $5 billion of equity value is $10 billion.” 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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