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I've always been curious about one question: Do VC investment projects really raise that much funding?
This data can only be verified by the project party and VC, and there are no documents available for verification from any third party on the official websites of major VCs. In other words, no outsiders can see the investment contract.
"You say thirty million, so thirty million it is?"
If, I mean if, a project truly raises 2 million, but promotes it as 20 million, the valuation reaches 200 million. There is no motive in doing this; the VC exaggerates the valuation to gain greater profits, and the project party has a more solid capital backing.
Which of the teachers can answer, isn't web3 all about Don't trust, Verify?