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I thought about the valuation problem for a little bit when my company finished raising its Series B, and I came to the conclusion of not worrying about the val
by Bahamut 12y ago
I thought about the valuation problem for a little bit when my company finished raising its Series B, and I came to the conclusion of not worrying about the valuation independent of hearing the quotes, as an engineer. Here's the important point - the valuation means little until an exit. Any valuation beforehand is only a step in that direction. All work needs to be done to maximize the value of the company in preparation for that day - anything along the way is a distraction from that end goal.
Granted, it is a necessary distraction for many of these companies, since they require VC funding in order to expand operations.