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What about Berkshire Hathaway? Though, it's a pretty focused portfolio.

Perhaps YC will acquire companies in the future?



BH is more like a conglomerate than an investment firm. They're just a super-disciplined conglomerate, unlike the random ones that gave the term such a bad name in the 1970s.


More to the point, Berkshire Hathaway itself had only 19 employees as of the 2006 letter.




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