On Bubbles … And Why We’ll Be Just Fine
Both Sides of the Table
JUNE 22, 2011
Ah, but today’s Internet companies have real revenue! In addition to FOMO it is partly driven by massive increase in valuations for earlier-stage companies who raised money at bit seed prices but who still have product risk. New investors hate down rounds. I said that at the Founder Showcase, too. and profits!
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