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Two notes: 1) They raised $100MM just 9 months ago. That's $300MM raised in under a year. Money is stupid cheap and this is sorta terrifying. 2) Th
by CoffeeDregs 14y ago
Two notes:
1) They raised $100MM just 9 months ago. That's $300MM raised in
under a year. Money is stupid cheap and this is sorta terrifying.
2) The word "revenue" is not contained within FTW.
Instagram drew an incredible line in the valuation sand as a "comp".
- OGinparadise 14y agoThat's smart of them. Anyone remembers 2007-2008? Even blue chip companies had to beg and give their proverbial first born to refinance their debt. A billion is not what it used to be, was my first thought but who can blame Pinterest.