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To Follow On or Not to Follow On

This is going to be BIG.

SEPTEMBER 7, 2012

I know, because those people all used to pitch me as an institutional LP back in the day. If you're doing seed deals, how often does a down round in a seed deal even happen? If you're investing at pre-money valuations in the low to mid single digits, then how much worse can the next round even get?

Later Stage 99
Later Stage Down Round Pre-Money Valuation Early Stage 99
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