To Follow On or Not to Follow On
This is going to be BIG.
SEPTEMBER 7, 2012
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? But that's when you've actually proven this thing is a viable company and there's work worth protecting.
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