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Meb Faber - Quant Savant

The Business Brew

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Is It Easy to Go From Ten Million to a Hundred Million?

I think part of it is it's sort of the right number as far as scale. I saw, i've seen 50, 80, a hundred million dollar seeds recently,. which feels a little bananas. So many founders today, i feel like their goal is to just go raise more money. But the delusion in the medium always gets is wrong about reporting returns. It amplies public markets too, with sharewish issuance.

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