Praying to the God of Valuation
Both Sides of the Table
DECEMBER 11, 2022
Between 2006–2008 I sold both companies that I had started and became a VC. If they are private we still have fig leaves that cover us because some rounds might raise debt vs. equity or might fund with terms like multiple liquidation preferences or full-ratchets or convertible notes with caps. If we took them public we are naked now.
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