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Surveying SoCal's M&A Landscape, with David Siemer

socalTECH

For a similar company, with the same metrics and stage, valuations had been tiny. If you go back to 2005 and 2006 and look at a company which would have a $5M pre- then, it''s now $8 to $10M, all else equal. We invest globally, with 20 percent of our funds outside the U.S., I do think the community has made huge strides.