Turing Distinguished Leader Series: With Partner David Zhang, TVC
ReadWriteStart
AUGUST 26, 2022
That’s a valuation number and pricing number. We think of it much more in terms of how many employees does the company have? 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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