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In these cases, the only valuations that makes sense for a Series B lead investor force the dreaded "down round".
The only valuations that respect both these determinants are vT, assigning T to every formula, and vF assigning F to every formula, and the logic determined by {vT,vF} is the smallest trivial consequence relation on the language concerned.
A valuation function v in M is a function from L into the set of truth values V, and Malinowski considers only valuations which satisfy conditions (1) and (2).
In a moment of inattention I had confusingly passed from the correct thought that the only valuations consistent with ⊢∧ are the ∧-boolean ones to the faulty conclusion that the only class of valuations determining ⊢∧ is the class of all ∧-boolean valuations.
Similar(56)
We often say the only "valuation" that matters is the last one, in that valuation and ownership at liquidity is the ultimate measure for any shareholder.
But seeing how the only valuation that matters is the one at which you sell a company for, then it's worth noting that multiples tend to be abnormally high at both the low and high end, then they tend to normalize in between.
The reason that recoveries take so long "is that a true bubble occurs only when valuations are taken to extremes, and it usually requires at least two bear markets to bring those valuations back to historic norms," said James B. Stack, editor of the InvesTech Market Analyst newsletter.
Not only are valuations high, but earnings growth is low and expectations are falling.
Anyone who doubts this need only compare valuations in the 1970s with those in the 1990s.
The activity reflects not only attractive valuations but drives home the point that size is key.
So we can search for only q+1 valuations, as long as they all satisfy γ.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com