Dealmaking in a Recession - Morgan Beller, General Partner, NFX; Jordan Roberts, Partner, Fenwick & West
The HLEP Podcast
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VC Founders Market - Where Do Evaluations Come From?
Morgan: In a founders market the valuations come from what the founder asks for. Now we're in a world where there's more choice for the investor and they're more conservative evaluations after probably more careful analysis. Morgan: A startup or any company is like a very long equation and there's a lot of variables. The only variable that's fixed in the beginning if even that is the team.
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