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by garry
4064 days ago
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You're right about time frame. We live in very different times now though — the vast majority of fast growing companies opt to stay private for far longer, thanks to Sarbanes-Oxley. Those juggernaut public co's you mention went IPO with a valuation in the hundreds of millions, which accounts for the 100X to 1000X. Now all of that is happening in these late stage rounds. Major macro shift that wasn't true before. |
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