Ravasio rejected VCs offering to double Andreessen Horowitz's Series B valuation
Alyssa Ravasio · 20VC: How To Solve The Chicken and Egg Problem in Marketplaces? How Important Is Differentiated Supply? How To Prevent Leakage? How to Create Marketplace Defensibility and more with Alyssa Ravasio, Founder & CEO @ Hipcamp · Mar 27, 2020 · at 6:43
Alyssa Ravasio is the founder and CEO of Hipcamp. She describes turning down higher valuation offers to partner with Andrew Chen at Andreessen Horowitz for Hipcamp's Series B.
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“For our most recent series B, you know, I had to cancel a lot of meetings and was hearing things like, you know, whatever you got, I'll double it. And, you know, it doesn't matter. And I just think like having the grounding to know that that's not what I'm looking for. I'm not looking for the most money at the highest valuation. I'm looking for a partner and I'm looking for someone who's going to help us build the company and can bring expertise and Connections, and also just be a good person who I can rely on and who can push me.”
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