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by hkmurakami
3972 days ago
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First Round is a multi-stage firm, but they seem to focus on seed stage where valuations are still in the 7 figures to low 8 figures. At that stage it may be possible to return 3x your fund over 7 years without having super outliers. The valuation at which you invest dictates the kind of exits you will need in order to satisfy your LPs. |
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