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Be careful with your angel round valuation

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Make sure your angel round doesn’t make you walk off a pier, advises this post on the IBD BlogAngels tend to have higher valuations than venture firms. The angel investment instrument is often a bridge loan to the close of the Series A round. The problem with high valuations is they may stop the VC from investing. Angels must feel comfortable that a Series A will close. Otherwise, a bridge that doesn't get finished is called a pier, and you don't want to walk off of a pier.

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