4 ms·
Absolutely this. The argument that 500k for 10% is always an overvaluation seems pretty bad. If you're a team of first-time founders and haven't found market
by nfw2 5y ago
Absolutely this. The argument that 500k for 10% is always an overvaluation seems pretty bad. If you're a team of first-time founders and haven't found market fit yet, getting any investment from VC's might be a challenge. 500k is enough to give a company whose only real asset is hungry talent a fighting chance.
- forgatmigej 5y agoNowhere else on earth is hungry talent alone worth 500k. What an immensely privileged position to be in. And what an unjust system it must be for this to be possible, for fiefholders to play patrons in this way.