WSJ Venture Capital Dispatch has an interesting article on how long it takes to build large (defined there as time to get to $50M revenue) software companies. The answer: 8-9 years on an average if the sample is top 100 public software companies. Thats pretty long, given that the sample is really the top end. Clearly has interesting implications on how well (or not) the venture model of 5-6 years of holding period applies to software companies.
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