4 ms·
You just discovered one of the great secrets of VC preference and crazy valuations. If the startup guarantees to pay me back my investement plus some, then I do
by alain94040 15y ago
You just discovered one of the great secrets of VC preference and crazy valuations. If the startup guarantees to pay me back my investement plus some, then I don't care to announce that I invest at a valuation of $10B. In agreeing to such a high (and flashy) valuation, I give up on extra upside, but if my goal is 2X, then I don't actually care.
- revorad 15y agoI don't think any VC's goal is 2X, especially not for one of the most promising startups.