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Re:Bitcoin surpasses $50K as major companies jump into crypto by pjc50 on Tuesday February 16, 2021 @08:37AM (#26153713)
The value of a valuation may go down as well as up.

https://www.businessinsider.com/wework-valuation-falls-47-bi...

(I don't think WeWork was YC, but it does drive home that achieving a valuation is primarily a reflection of your ability to convince investors to give you money)

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