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Interview with Mark Suster, GRP Partners

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We'll even write a half a million check. My competition is not Rustic Canyon, it's not Clearstone, or the other venture firms in town. An A-round investment in the late 90's, or even in 2005/2006, or 2007, was a $5-8M check. That as unhealthy. An A round investment in this market is a million to $4 million.