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In other words, we say a company is "valued" at $9bn, and then act as though this is actual real money, but that number is based on nothing except what a VC firm felt the company was worth in a bet on the future.
That's what a VC would love, right.
"They don't have the infrastructure to do what a VC would do with ongoing help.
In a Technical.ly interview on Funnel.ly's next move to Brooklyn, Campos stated, "Here you can actually nurture your company, learn from companies that are not in your space because they have no idea what a VC is".
"They wanted to acquire us 100percentt but we wanted to make it closer to what a VC deal would look like," said co-founder and co-CEO Mate Pencz tells me on a call from Recife.
There are not a lot of angels… We see tons of companies come through, but there isn't a lot of support between what a VC would be comfortable investing in".
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"In the fall, we're strongly considering what a traditional VC angle on this would look like," Mohrer said.
What was particularly interesting to me when I attended the session was the topic of what value a VC adds to the startup they're backing.
What's a VC to do?
"I had a sense of what being a VC was like when working as an associate at Battery Ventures and I didn't want that.
You don't have to look too far to see what a world where VCs only build-to-flip would look like.
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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