When is a dollar more than a dollar?

24 April 2012

Said another way, if you knew that a company was going to earn $1mm a year for the next ten years and then be shut down, there is no way you\\\\\\\’d pay more than $10mm for that company and certainly you\\\\\\\’d pay something a bit less than that.

via A VC: What If Web And Mobile Apps Are Like TV Shows?.

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