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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: GVTucker who wrote (67258)	3/9/2005 1:03:16 AM
From: Amy J	Read Replies (3) of 77400

In Silicon Valley, startups are anyone pre or post IPO, basically less than 100 employees. RE: "Expensing options is irrelevant for a startup. " It's an East Coast thing to assume startups mean pre-IPO. Am pretty certain Lizzie is working with Series B, C's and post IPO startups. Infrastructure build out phases certainly don't happen in Series A, unless one wants to wash away equity. RE: "99% of the startups lose money, and most all of them lose money for three years. Nobody in the venture business expects profits until a Series B round, at the least." Hm... can think of more than a dozen women that I know that have raised venture capital but only after their startups were profitable - Series A, B, C. Funny, you see it differently than what we see it here. It would be interesting to chart a person's business profitability at the various stages by gender. Regards, Amy J

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