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VC Optimism Returning But More Pain Ahead In Their Portfolios

Hunter Walker

” What are my major assumptions for why there’s more markdowns to come in the aggregate for the last decade of venture portfolios? Restructures, Down Rounds, and Pay to Plays. As The Information proclaims, “ Unicorn Fire Sales Ahead.” Valuations.

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No Mess (Too Much Liquidation Preference)

ithacaVC

One final background point, a “liquidation event” is a sale of the company and typically NOT an IPO. So, after the Series B round the company would have $13mm of aggregate liquidation preference ($3mm plus 2*$5mm). Is the $13mm of aggregate LP a problem? Bottom line: we weary of building up too much aggregate LP.

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Transcript of What Local Businesses Need to Know About the State of Local SEO

Duct Tape Marketing

John Jantsch: Well, and let’s not forget to throw in the aggregators that are out there doing the 10 best blah, blah, blah in their city. I mean, they’re essentially national lead aggregators and they’re messing up the local results. John Jantsch: At what point does this all become pay to play?

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