Cofounder Hiring Matching Pre-Money Valuation 
www.paulgraham.com
OCTOBER 23, 2010
And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. They all use the same simple-minded model.They seem to have approached the problem by thinking about how todo database matches instead of how dating works in the real world.An Andyet theres a lot of money at stake.
www.currentlyobsessed.com
MAY 28, 2010
Instead of “We are worth about $5m because we have done XYZ and we need to raise $1m, so let’s sell 20%&# it’s better to think about valuation as an output variable, like “Let’s raise $2mm and sell 33%, our (pre-money) valuation is therefore $4mm.&# For example, liquidation prefs.
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