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Archive of entries posted on March 2022

Watch out for the breathless broker calls. Flying tips. Covid is still around. Please send money to World Central Kitchen.

As tech companies grow they often need more money. They raise this money from rich investors and venture capital firms. They raise the money in what’s called “rounds.” The idea is that each round values the company higher. This makes the investors feel good since they are now increasingly “rich” — even though they usually […]