If you don't include time, this graph is worthless. It's not just the exit amount, but how long it took you to get there. I think PG pointed out at Startup Sc

If you don't include time, this graph is worthless. It's not just the exit amount, but how long it took you to get there. I think PG pointed out at Startup School that super-angels seem to be going for quick M&As, not IPOs, and that therefore, didn't care about the valuation as much.