Compound's Managing Partner @mhdempsey dropping truth bombs on seed valuations 💣
"Highest price ≠ best deal at early stage. That's just quantitatively false."
This hits different when you see teams raising at insane valuations with zero traction. Price discipline matters more than FOMO multiples.
Smart money isn't chasing the highest FDV anymore. They're hunting real builders with reasonable entry points.
The game changed. Stop equating expensive rounds with quality projects.
"Highest price ≠ best deal at early stage. That's just quantitatively false."
This hits different when you see teams raising at insane valuations with zero traction. Price discipline matters more than FOMO multiples.
Smart money isn't chasing the highest FDV anymore. They're hunting real builders with reasonable entry points.
The game changed. Stop equating expensive rounds with quality projects.