Remove Aggregator Remove Capitalization Table Remove Demand
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On the Road to Recap:

abovethecrowd.com

Many have noted that the aggregate shareholder value created by all of the Unicorns will vastly overshadow the losses from the inevitable failed unicorns. The reason these terms can produce returns by themselves is that they set the stage for a rejiggering of the capitalization table at some point in the future.

IPO 40
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New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’ | Xconomy

www.xconomy.com

Amazingly, nobody has aggregated this data before,” says Coats, who was previously a managing partner at San Diego’s Hamilton Bioventures. By the same token, Coats could find no correlation between the hot deals (where investor demand was highest) and the hot outcomes. Xconomy on Demand. Did you miss something? Dont despair….