If I Had A Billion Dollars, Would I Buy Instagram, AOL, Or A House? - Forbes: "tatus symbols in Silicon Valley. Give it six months and if you can’t reach a billion dollar valuation at cash-out you’ll be nothing.
These deals do little more than set down the big bind in the high stakes VC poker of Silicon Valley. You want to play? Find a billion. You’ve built a mobile phone application and it has some users? It’s nothing till you can sell it for a billion."
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