Sunday, April 22, 2012

Facebook?s $1 Billion Instagram Deal Didn?t Affect Path?s Valuation In Recent Raise

pathWhy? Because the term sheets were signed weeks ago. The deal was only announced this week. (Yes, sorry, there isn't a more interesting reason.) However, Scott Raney, a partner at Redpoint Ventures, the firm that led the deal, suspects the valuation would have almost certainly gone up in this TCTV interview. (He didn't comment on the previously reported $250 million valuation number.)

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