Stock Market Drops. Then It Rallies. What Happens Next for Funding?
Both Sides of the Table
AUGUST 9, 2011
Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. Mostly we got to see the team operate in stressful times and that changed my perspective on the deal. Companies raised too much money in 2005-08 and had high burn rates. was still a term being bandied about.
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