On Funding?—?Shots on Goal
Both Sides of the Table
JUNE 27, 2021
They sold 2 years later for $16 million In the financial crisis of 2008 we had a company that had jointly hired lawyers to consider a bankruptcy and also pursued (and achieved!) It was ~30 days from bankruptcy. Another 3–5 could return in aggregate $300–500 million. Early-stage venture capital is about extreme winners.
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