2min chapter

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The Compound and Friends

CHAPTER

The Private Market Is Divorced From the Public Market

We believe the medium valuation of early stage companies will not significantly change, but the average is likely to come down quite a bit. The appetite for forty to 60 million dollar seed valuation with only an n v p and a two person team will decline. We are even beginning to see preceed companies at single digit valuations,. something that only last year we thought we would never see again.

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