Praying to the God of Valuation
Both Sides of the Table
DECEMBER 11, 2022
There were startups and a software industry but barely. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. Starting in 2009 I began writing checks consistently, year-in and year-out. There was no money train.
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