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| VIEW EVENT INFORMATION: Path |
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Facebook's $1 Billion Instagram Deal Didn't Affect Path's Valuation In Recent Raise |
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About the organization Path:
Type: Business
Sub-Types: Website, Social Networking Agent, Application Software, Telecommunication Software, Picture Hosting Agent, Text Hosting Agent |
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Notable Organizations: Path, Techcrunch
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| Why? Because the term sheets were signed weeks ago. The deal was only announced this week. (Yes, sorry, there isn’t a more interesting reason.)
However, Scott Raney, a partner at Redpoint Ventures, the firm that led the deal, suspects the valuation would have almost certainly gone up in this TCTV interview. (He didn’t comment on the previously reported $250 million valuation number.) |
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