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VC Optimism Returning But More Pain Ahead In Their Portfolios

Hunter Walker

Satya and I were having lunch (yummy Chinese food) with our LPAC and the conversation turned to generally “how much more did venture portfolios have to fall before they found their true current value?” Restructures, Down Rounds, and Pay to Plays. Whatever gets reported is just the tip of the iceberg.

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Term-sheets and Valuations: Thinking about Negotiations - Startups.

Tim Keane

.   This is perceived by some investors as a way to assure that the founders are in the game for the long run. ยท       Conversion provisions allowing preferred to convert to common if they choose or upon the closing of an IPO at a specified price.   A bottom up approach has the advantage of logic. [4]