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by _fat_santa
919 days ago
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> a lot more unicorns outside silicon valley The problem I see is that the massive funding available to "SV Startups" often skews what a success really is. Say you have a startup that's received several rounds of funding and based on those rounds it's now valued at $1B+, what is that valuation really worth if you're burning cash so fast you're only 1 or 2 failed rounds away from bankruptcy. Sure it's nice to be able to say "we have a 1 billion dollar company" but what is that worth if the valuation only holds if investors keep pouring cash into it? IMHO a company that is worth $100M and can stand on it's own feet without constant infusions of cash is inherently more valuable than a company "worth" $1B but needs to make every funding round to keep the lights on. |
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