Praying to the God of Valuation
Both Sides of the Table
DECEMBER 11, 2022
There was no money train. 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. It was a way to make it hard for your competition to compete.
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