An Open Letter to Startup Founders Everywhere in a Time of Crisis
David Cohen
MARCH 30, 2020
In 2000, the Internet bubble burst. Uber took the shockingly low valuation of $4m when raising it’s first $1.5m. 3m valuation. Less than a $2m valuation for their seed round. Other startups will fail, and you can acquire their talent, their IP, their customer bases for cheap. Starting a tech company after this?
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