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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

I couldn’t understand why they wanted so many options until a friend pointed out that this just lowered their “true&# pre-money valuation (they also asked for some sharp elbowed terms in the deal). You’ll need to hire and retain talen to grow your company. I turned them down. They were nonplussed.

Valuation 405