Bad Notes on Venture Capital
Both Sides of the Table
SEPTEMBER 18, 2014
On the phone … Me: So, you raised venture capital? It’s simply what a market is willing to pay based on a future belief that your company will grow and non-linear rates and be worth much more in the future. We raised a seed round. About $1 million. Me: At what price? Him: It wasn’t priced. Me: With a cap?
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