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How to Invest in a Round Investing Market
In two thousand and nine, you would fund deals at a seven, eight pre. Now the same deal's probably 25 pre 30 pre. The good news is that back an billion dollar outcomes were rare. But now, ten billion dollars is not crazy. So companies are able to pay forty, 50, 60, pre build a folio as long as some of their companies become worth five billion dollars an up.