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Is Your Valuation Right?
When valuation decisions are made, especially at the early stage, you know, it's not like someone whose independent job is to come up with the most accurate possible number. And that's where you see people get discounts based on their brand,. Hey, i'll go work with soft bank at x, but i'll work with sequoia at y, right? The hardest way to make 20 million box is to own two % of a company and sell it for a billion dollars.