Aydin Senkut of Felicis Ventures Is Investing in AI's Picks and Shovels
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Forbes said it was done at a $500 million valuation, even though the company says it's making single-digit millions of dollars right now. "We are very valuation agnostic and we will invest in companies that are bleeding" The firm has come up with a ratio for itself where 90% of its fund is invested into deals that have higher valuations.
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