apparently there are a *lot* of insane fundraisings happening right now in startups. at high valuations followed by growth investors saying immediately that they want in, willing to give many multiples of the valuation and money. as an entrepreneur, this makes me wary,
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on one hand trying to raise money right now is very attractive, as there clearly is a lot of mone on the other hand, these situations never seem to end well. best case, this drive to investment is being met with ambitious plans and entrepreneurs with the will to tackle them.
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Replying to @DanielleFong
Growth chasers will be high maintenance partners when there is a valuation pullback
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Replying to @Causticat1
they won't want you to raise money at a downround! in fact, they'll want you out there chasing new money. this is a waste of time when the market is down, but they won't believe it is down until too late
11:45 AM - 8 Apr 2021
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