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The more interesting metric would be the number of Vc-backed companies are sold to their next owner for less than the total amount raised.
by jaynate 3y ago
The more interesting metric would be the number of Vc-backed companies are sold to their next owner for less than the total amount raised.
- dehrmann 3y agoOr down rounds. I got an unsolicited email from a broker looking for buy shares of a company I used to work for. The offer price was below the price in 2018, but still up from the round before that. This company is a real business with real customers, is at least theoretically profitable, and I assume there's a little room to negotiate the offer price up. At the same time, the company is in a competitive space, it benefited from the crypto boom (it isn't a crypto company), and a competitor had a very disappointing IPO.