Praying to the God of Valuation
Both Sides of the Table
DECEMBER 11, 2022
There were startups and a software industry but barely. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations. Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting.
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