Remove Conversion Remove IP Remove Pre-Money Valuation Remove Syndication
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Time is the Enemy of All Deals

Both Sides of the Table

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. million at a $15 million pre-money valuation. Conversely I offered the same deal to another entrepreneur who decided to shop around longer. million at a $15 million pre-money valuation.