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Let me clarify my viewpoint. You have a startup company of your own and you sell 1% of it for 00. That gives the company a 0,000 valuation. So long I believe we all agree the mathematics
is right. But what we lose is the fact that others may believe the valuation is "up in the blue". The rationale they believe the valuation for your startup is not almost in the area of 0,000 is because they may not even see how they're going to get their money back at that valuation itself.
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