Funny read in relation to Bitclout’s raise through AngelList and a user getting banned for sharing a screenshot that had been shared to them through telegram
I'm confused by AngelList's corporate structure. Venture is a separate company that raises money on its own, ProductHunt belongs to a separate holding company[0] — what even is "AngelList" now?
I am still salty about a ban AngelList applied on my profile after I reported a (supposedly) CEO of a Los Angeles startup for insulting me when I rejected an invitation to join them. Instead of banning this person’s account, they banned mine. Interestingly, AngelList still sends me emails saying “[User] is interested in your profile”, even though I can’t log into the platform anymore. The unsubscribe button doesn’t even work.
there is a little miscommunication. I got an automated message saying 'lots of people are intersted in your profile, we'd love to promote it', but the person in charge of that really thought my profile was garbage and didn't want to. ok, your choice...1 week later the same message
40x of ? they don't have any disclosed revenue numbers .
$100m/ $4B is not 40x valuation it is just that they are diluting only 2.5% for that $100m . It just means they need only relatively small amount money and are in good spot financially and can afford to dilute very less.
Had they raised $500m on $4B post or $1B on $4B post the valuation is not changing to 8x or 4x.
Why should they raise more than they need because their valuation is high? Should they raise $200m if the valuation is $8B ? If they need only $100m in capital , they only need to only dilute that much.
mikeodds|4 years ago
https://mobile.twitter.com/cobie/status/1387037537454026760
mxstbr|4 years ago
[0]: https://writings.prologue.xyz/introducing-prologue/
amitm|4 years ago
verdverm|4 years ago
sadfounder|4 years ago
guessmyname|4 years ago
amitm|4 years ago
convolvatron|4 years ago
pluc|4 years ago
radihuq|4 years ago
manquer|4 years ago
$100m/ $4B is not 40x valuation it is just that they are diluting only 2.5% for that $100m . It just means they need only relatively small amount money and are in good spot financially and can afford to dilute very less.
Had they raised $500m on $4B post or $1B on $4B post the valuation is not changing to 8x or 4x.
Why should they raise more than they need because their valuation is high? Should they raise $200m if the valuation is $8B ? If they need only $100m in capital , they only need to only dilute that much.
unknown|4 years ago
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tehlike|4 years ago
your_username|4 years ago
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newaccount2021|4 years ago
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