On Bubbles … And Why We’ll Be Just Fine
Both Sides of the Table
JUNE 22, 2011
Or worse yet they may never get financed. Raise at “ the top end of normal but not so high that future financings in a corrected market become impossible. Those with strong business models suddenly stand out when the tide goes out. That happened a lot in 2002 and again in 2008. Have a cushion.
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