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Fundraising Fundamentals by Geoff Ralston

Startup School by Y Combinator

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What Valuation Should You Choose?

If you've heard of magic leap, theyv raised billions an just a story. The greatest, best investors are arbe and b before their aribe and b before they have traction. It is really dangerous to choose too high a valuation. In fact, it can kill your fund raising. I have seen companies actually fail fund raising because they chose toohigh a valuation. But you don't want to choose too low a valuation either, because you can overdo delution....

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