Praying to the God of Valuation
Both Sides of the Table
DECEMBER 11, 2022
There were startups and a software industry but barely. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. We had nascent revenues, ridiculous cost structures and unrealistic valuations. There was no money train. It was 1991.
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