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And I thought that would never confuse me again...thanks. It's still a big return though, so I don't see the problem with valuations that high.
by staunch 16y ago
And I thought that would never confuse me again...thanks.
It's still a big return though, so I don't see the problem with valuations that high.
- timcederman 16y ago"They need 7/10" Not that the average is 7/10. That's the problem with these high valuations.
- zck 16y ago>And I thought that would never confuse me again...thanks. In things like this, it helps to scale it up to 100% -- what happens if a $4 million company takes $4 million from VCs? Certainly the VCs wouldn't own the entire company, so you can't give them a percentage based on premoney valuations.