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So one of our VC-backed clients accidentally showed me his investment deck. Turns out his investors were valuing his company at $7.50 times number of members.
by AndrewWarner 18y ago
So one of our VC-backed clients accidentally showed me his investment deck. Turns out his investors were valuing his company at $7.50 times number of members.
It's part of a game that some VC-backed startups are involved with.
I bet their VC's had numbers that showed they could take the company public at $10 times number of members.