It's always interesting to know when a company gets a $1 billion valuation. But, as Pando has written time and time again, a valuation is
not the most important term on a term sheet. It is not the
ultimate arbiter of a company's health. We've even gone so far as to say it is
"arbitrary as fuck." Other publications have tried to put this "one metric to rule all metrics" in proportion as […]
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Source: PandoDaily