You’ll Never Guess The Two Most Important Words In Tech Investing

By: Erik Kobayashi-Solomon

If you take a survey of the two most important words in Tech investing, you’re likely to get any one of many answers:

  • “Market share”
  • “Network effects”
  • “Application ecosystem”
  • “Price momentum”

All are possible responses.

In my mind, however, the two most important words in Tech investing are those which virtually no survey respondent would offer:

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