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ANGEL: Upfront’s Mark Suster on the power of alignment, setting reality, and raising capital | E1683
This Week in Startups
Late Stage Capital Markets Are Going Down So Much, Right?
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Mark Zuckerberg: Investors judge companies by EBITDA earnings before interest in taxation and depreciation or they're going to judge you by revenue. We hit 26 November 2021, today it's at 6.2. That's how far public markets have come down. He says somewhere between 6 and 9 times NTM is where it's going to settle out. "I'm telling you 15 is still a fucking amazing road to what we can all look at"
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