A VC on the Bailout
Today he humbly weighs in on To Splurge Or Not To Splurge.
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If this money is not coming back, then it’s an expenditure and we should not do it.
If the probability adjusted return on this investment is $1.5bn then we should do it in a nanosecond…
I’d send Paulson and Bernake to their cubicle and tell them to do the numbers and come back with the return projections before voting on this.
Copyright 2008 The Moderate Voice