3 ms·
Sure, but that means setting a valuation. Price = valuation.
by rexreed 13y ago
Sure, but that means setting a valuation. Price = valuation.
- syedkarim 13y agoPrecisely. But there's nothing inherently wrong with setting a valuation. At the earliest stages, it's all very arbitrary anyway. There's no reason not to reward the earliest investors for taking, by far, the greatest risk. A 10%-30% discount does not seem commensurate to the degree of de-risking.