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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

. “By January 1984, investors had turned away from hardware toward software.” By 1994 the big software wins of the 1980’s were already funded or public.” He was a former Wall Street analyst with no operating or investment experience, who became a VC by teaming up with operator LJ Sevin. This isn’t true.

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When Does Zynga Become a Value Stock?

Agile VC

Given Marc Pincus’s voting control, being acquired is presumably not in the cards for Zynga and a take private or LBO would be nearly unthinkable in the near term so there’s little chance of an M&A situation to arbitrage. multiple (net of cash) of either adjusted EBITDA or operating cashflow. trailing revenue multiple.

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