![]() It will aim to spend between $5 million and $30 million on these startups - although the price may vary. Now a new private equity firm called Think3 has been founded with $1 billion in backing with an aim of buying these up, specifically startups working the area of Software as a Service, so that their founders can go out and build new companies again, giving them either $500,000 (with no equity) or $1 million (with equity) in funding to do so. But what about the startups in the middle - reasonably good companies that aren't going away anytime soon, but also aren't exactly setting the world on fire? ![]() ![]() We all know about the unicorns of the startup world - fast-growing companies that appear to be on the road (or have already arrived at) valuations of $1 billion or more - and we hear a lot about the unfortunate ones that either run out of money or fail for another reason. ![]()
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