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David Adrian · Aug 27, 2022

Paper Napkin Math for Evaluating Startup Opportunities

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The market is in a “downturn”, and this is percolating into the venture-backed startup ecosystem. The broad consensus is that the top end of startup valuations are coming back to reality. But what does this mean? What makes a valuation out of this world? And how does this affect employees 1 ? Startup valuations are determined by the amount of money a company raises in exchange for a percentage of…

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