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Facebook's (FB) poor IPO showing and the resulting fallout "will hurt the funding market for...
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Tuesday, June 5, 2012, 11:04 AM ETFacebook's (FB) poor IPO showing and the resulting fallout "will hurt the funding market for earlier stage startups," warns Paul Graham, co-founder of major startup incubator Y-Combinator. Graham expects many hot startups will have to accept funding rounds with lower valuations than the ones granted in prior rounds. He's far from alone in expressing such concerns.
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