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> angels invest without locking down a valuation I mean, if you purchase a percentage of a company at a certain price, you have implicitly "locked down a valua

by skizm 12y ago

> angels invest without locking down a valuation I mean, if you purchase a percentage of a company at a certain price, you have implicitly "locked down a valuation". Right?

tptacek 12y ago
That's not what investors in convertible debt rounds do, though, is it?