Roger McNamee is very refreshing in his critique and guidance. He allocates Elevation Partners VC capital to eight slots and doesn't want to diversify. Diversification minimizes the profits and increases the risk. Apple is the only public stock he ever owned.
He looks for the next enabling technology. Not like Pinterest collecting people's crap. But, like Adobe in the past, now - enabling mobile applications to run.
Listen up, new entrepreneurs.
Friday, March 16, 2012
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