The PE market around firms at about this size is getting very, very interesting, and I think increasingly you’re going to see founders build companies engineered to achieve a similar outcome, with a capital stack to match.https://twitter.com/Shpigford/status/1326153473956716544 …
sure, but ... $800k isn't pocket change (at least, not to me). What are the VCs buying for that? Reputation capital?
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writing off an $800k loss gets you $300 or 400k of benefit getting $800k back gets you $800k of benefit
End of conversation
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