Flex

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• bullish assessment Jason Calacanis

  I guess flex board has had a big impact on the industry

• neutral assessment Unattributed

  there is something in too sting and potentially special hereabout clubhouse but this like the national anthem hasn't even played yet like there are not even in the first inning right

• bearish assessment Unattributed

  this investment does not make sense and was an emotional and a competition that got out of control

• bearish assessment David Rosenthal

  I would say wait till they're in the second inning third inning and make five bets or make ten first inning bets or five third inning bets right if you have a same attica I would never do differently

• bearish assessment David Rosenthal

  there's just so much still unknown like we don't know we don't know their attention to these users we don't know the actual like nature of the network effect and and how strong it is in like yes how this works outside of kovat right

• bearish assessment David Rosenthal

  I would say for the stage at which this company is at that valuation and with these dynamics I would have dropped out of the bidding

• neutral assessment Unattributed

  usually if somebody is selling in the series B when the company is at you know a hundred million or two hundred million valuation has ten million dollars in investment what you're saying is I'm gonna reward that founder with a million dollars or two million dollars buying their shares they they have to give up the shares so there's Elling something but it'll keep them in the game longer because now they can take the idiot insurance a down payment on apartment or buy a dope house in any other cit

• neutral fact_claim Unattributed

  secret was the big one that had a very similar pattern so that gave people a lot of pattern recognition secret was an app that allowed you to basically slander anyone anonymously put a statement like a tweet out and it would share with everybody in your phonebook but he wouldn't you would know that they were in your orbit but not and so people were just started posting like all these salacious things about people anyway the founders in that case I think so three million dollars each and these [

• neutral assessment Unattributed

  it's super controversial because it just gets back to like the big question is psychology and motivation like it's pretty simple you know on the surface which is like they the founders you know had presumably somewhere around how 2% of the equity of the company before they sold if it's a hundred million dollar valuation they sold an extra 2% 1% each of them at a million dollars they still own a bunch of the equity why shouldn't they be motivated but it's just not something that you I can't think

• neutral assessment Unattributed

  what we're seeing here in the funding environment I think is this bifurcation where you know the the prices haven't come down for the hottest companies so the deals that were definitely gonna get done are still definitely going to get done and kind of at the same valuations it's more of those ones that were they going to be able to raise around or where they going to follow up those are the ones that are having sort of the the problem raising the round and so it's no surprise that the the very h

• neutral assessment Unattributed

  I think that was one of the sort of sweeteners that they pointed out may have won the deal just in conversations with the founders in the a bit doesn't strike me that they're the type of people that oh my god Kevin Hart gave us a phone call therefore we're going with this VC firm

• neutral assessment Unattributed

  clearly an outlier in funding

• neutral fact_claim Unattributed

  two million dollars in secondary shares 1 million for each founder to injuries in Horowitz

• neutral fact_claim Unattributed

  benchmark had an offer around 75 to 80 million for this

• neutral fact_claim Unattributed

  andreessen horowitz had invested ten million dollars at around a hundred million dollar valuation in a series a for a company that likely when I've been in it has two hundred people maximum but typically more like fifty people using it

• bearish assessment Unattributed

  this is just an extraordinarily ridiculous valuation obviously happy for the founders with that

VentureSignalScore 15.8/100 for flex, composed from 1 of 4 components (emerging formula), discounted ×0.79 for 30% signal coverage