@pmarca @modestproposal1 these late stage rounds aren't setting valuations, they're debt. At least for Square.
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@paulbaumgart@pmarca@modestproposal1 one side my be slightly more optimistic than the other, but consenting adults all around. -
@startupljackson@paulbaumgart@pmarca@modestproposal1 Pretty sure that “consenting adults” is always true, bubble or no.
End of conversation
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