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He means they fund every qualified startup that applies; they have plenty of money. If 100 promising startup teams applied, they'd fund all 100 of them.


Indeed, but in certain circumstances where there is no scarcity of cash on either side its relative value declines, hence my question.


Oh please, what nonsense. Your statement doesn't even match up with what pg writes.



No, Emmett is not right because there is no definition of qualified. It is a meaningless statement. The problem with the statement is that it implies that you are not funded you are somehow not qualified. What does that mean?




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