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New VC model: ignore about that valuation number. Just get X preference (like 4x+). Then higher valuation works even better for you. Oh Facebook you really nee
by jakozaur 12y ago
New VC model: ignore about that valuation number. Just get X preference (like 4x+).
Then higher valuation works even better for you. Oh Facebook you really need to pay at least 6 billions, b/c we valued them at 10. Such a great deal. VC enjoy your 300% ROI.