The Importance of Internal Valuations in Late Stage Startups

A bipartisan group of US lawmakers is taking their concerns about China to California this week where they plan to meet with top tech and entertainment executives, as well as with Taiwan President Tsai Ing Wen. On Thursday, they're going to be having lunch at Stanford University with some folks that, you know, may have a more hawkish view on China. Ben Japart: I would definitely expect that we see that kind of dioration happen across many of the later stage startups that are doing more frequent 409A's. Andrew Lamari: How close for Instacart is an exit therefore, do you think?