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When Bad Companies Do Good Things (redfin.com)
2 points by GlennKelman on March 5, 2011 | hide | past | favorite | 1 comment


Very true and it's a great way for entrepreneurs to look for strategic opportunities. Yahoo! Answers is a classic weak market leader: the product hasn't moved forward, and the company's in disarray. Feeding frenzy! It's the kind of situation where a company like Quora can get an $86M valuation while still in closed beta and a long way away from generating revenue.




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