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Scaled Unified Software Companies Are Going to Die
A lot of these founders are thinking that 50 million they've got left is only 5% dilution but that's what it was historically if you were to raise a new round today you might only be valued at 250 so that 50 million you have left is actually 20% dilution. The most important thing founders can do is forget about the historical terms on which you raised that money forget about how much money you were burning in the past just think about howmuch money you have in the bank today impute evaluation to it.