I can't understand a single word in this whole convo
-
-
-
That’s fairly normal when one listens to a specialist talking to other specialists. In this case, it’s a narrow segment of industrial finance which for structural reasons is extremely important in the tech industry. The quick version, or Google “pre post money valuation”:
- 9 more replies
New conversation -
-
-
One tweet, 2+ audiences with only partially aligned incentives which in it infrequently find myself straddling ;)
- 1 more reply
New conversation -
-
-
Why will that be the case? It seems quite plausible to me that a big reason why we have these high valuations has to do with the business cycle.
-
I think people overestimate reversion to the mean in business cycles. This isn’t the same river twice; regardless of capital flows or debt availability or consumer confidence, we will *never again* not have the Internet. It is extremely unlikely it will again take $1M+ to v0.01.
End of conversation
New conversation -
-
-
It looks like what YC is offering with their standard deal ($150k on $2.14M post) is mostly access to their network.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.