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furbearntrout on March 28, 2011 | parent | context | favorite | on: As a VC, how is a $41 million investment in Color,...

You can't invest in the product -- not if it's really new, never seen before. You have no way to evaluate it, so you invest in the team. The team at Color has a proven track record; if the product is bogus, the will be able to pivot. Color is a good investment, but a little out of my price range.

canonpack on March 28, 2011 [–]

I don't view it as a 'good investment'. I view it as a large, high-risk investment that will likely leave one group of people saying 'I told you so!'

But it's not obvious to me which group will be wagging their fingers in victory.

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