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That's disingenuous. How have the companies you funded in 2005 been doing? For those that were acquired or IPO'd, the current valuation bubble has benefited y
by redthrowaway 15y ago
That's disingenuous. How have the companies you funded in 2005 been doing? For those that were acquired or IPO'd, the current valuation bubble has benefited you immensely. The amount you invest in new companies pales in comparison to the payout from a company like Groupon. Granted, few investors have a Groupon in their portfolio, but you're still getting paid more than you would without inflated valuations.
- fredwilson 15y agowe are not investors in groupon. ugh. yuck.
- redthrowaway 15y agoI wasn't suggesting that you were, but rather that the valuation bubble has meant the exits of companies you've invested in have been higher than they otherwise would be. It costs you more to invest now, but that's offset by the increased income from companies you invested in pre-bubble.