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Perhaps too much off-topic, but I hate how the press (and often the startups themselves) focuses on the valuation number when a company receives funding. As we'
by hn_throwaway_99 3y ago
Perhaps too much off-topic, but I hate how the press (and often the startups themselves) focuses on the valuation number when a company receives funding. As we've seen in very recent history, those valuation numbers are at best a finger in the wind, and of course a big capital intensive project like AI requires a valuation that is at least a couple multiples of the investment, even if it's all essentially based on hope.
I think it would make much more sense to focus on the "reality side" of the transaction, e.g. "Mistral AI received a €450 million investment from top tech VC firms."
- deleted 3y ago[deleted]
- shrimpx 3y agoThe valuation is meaningful in the sense of "Mistral sells 22.5% of company to VC firms."