2 ms·
Don't the late stage investors get hurt in these deals also? Why would they get in at such a high valuation?
by flormmm 11y ago
Don't the late stage investors get hurt in these deals also? Why would they get in at such a high valuation?
- rdmcfee 11y agoI believe that some startup founders/execs have optimized for valuation at the expense of costly liquidation preferences for late stage investors.