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by crusty 1874 days ago
Question... How is this a $2M startup? They raised $2M but wouldn't that have been on a higher valuation. I feel like the norm is to report the "$N startup" with the valuation, not the finding round haul. And that's still the BS machine's version. A company that never turned a profit isn't really a such-and-such dollar startup so much as loss, bad gamble, write off, or the like - in non-BS parlance