Romney testimony: Estimated Staples had 25% of survival.

[RandySF]

Romney also suggested in another section of his testimony that he believed in the late 1980s that Staples had only a 25% chance of survival — a somewhat surprising comment given how central his investment in Staples has been to the narrative of his career as a master investor, and even to the video that introduced him at the Republican National Convention this year.


http://www.buzzfeed.com/buzzfeedpolitics/mitt-romneys-blunt-talk-on-venture-capital

[hedgehog]

1. I think there's something in there to the effect that most companies

involved end up getting dismantled (looted).

[thereismore]

2. Well, if we can't nail him with outright lies, something like this won't even touch him. nt