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And speaking more broadly, I don't subscribe to the "higher valuations and asset prices == better" ideology, so the headline didn't read in a negative way to me
by AndrewBissell 8y ago
And speaking more broadly, I don't subscribe to the "higher valuations and asset prices == better" ideology, so the headline didn't read in a negative way to me. :-)
- deleted 8y ago[deleted]
- repsilat 8y agoRaising at a high valuation means more money for less dilution. Sounds good for the founders and maybe "good for America" too to me.
- AndrewBissell 8y agoThat depends on who's ultimately left holding the bag on the inflated valuation, and how much it attracts additional capital to potentially be wasted in a marginal business.