The Changing Venture Landscape
Both Sides of the Table
SEPTEMBER 10, 2021
At Upfront we have always done 40% of our investing in Greater Los Angeles and it’s precisely for this reason. The timing horizon is much shorter, the prices one pays are much higher so you can’t just be right about the company but you must be right about the valuation and the exit price. We aren’t going to win every great deal in LA?—?there
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