The Changing Structure of the VC Industry
Both Sides of the Table
JULY 23, 2014
We are in a bubble (with so many private $1bn+ valuations). Always-on connectivity of mobile (164m US smartphone users). pre-money valuation you certainly would want to exercise your right to continue investing if you had prorata rights. Summary: Cheap, mobile, social, global, always-on, one-click-purchase =.
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