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S1 E5: Navigating Bankruptcy, Why Startups are Stupidly Overvalued, and the Klayviyo/Shopify Breakdown
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A lot of brands that i 've chatted with recently have fund raised in a seed stage valuation. That is bananas. I was chatting with a brand the other day that's doing less than two million a year, and they'd raised their lik wercona rays,. You know, wed raised it a 30 million dollar ation previously, and now were loking to raise 50 million dollar valuation. Never understood that game, like, how are you going to do it the second time? Ye. And i'm lik, what if this was two thousand 21 orlint, and money was flush and everyone was super excited about it, you might be able to get away yet tits
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