Remove 2006 Remove PR Remove Pre-Money Valuation Remove Revenue
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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

Ah, but today’s Internet companies have real revenue! It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. All of that might be true, but the 2006 price might still be over-valued. and profits! The road ahead.

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Time is the Enemy of All Deals

Both Sides of the Table

million at a $15 million pre-money valuation. We had people hearing through the grapevine that we were about to raise money and new investors started calling us to get in on the deal. Any deal – ANY DEAL – that was pre 9/11 was suddenly in question. million at a $15 million pre-money valuation.