Want to Know How VC’s Calculate Valuation Differently from Founders?
Both Sides of the Table
JULY 22, 2010
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). So they agreed to match True’s term sheet. I turned them down. They were nonplussed. No gotchas.
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