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11-28-2012, 04:48 PM #1
- Join Date
- Sep 2012
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mandis rapidadvance
seems like pretty big news that this guy steven mandis bought a stake in rapid. never heard of him before. How much of a stake did he buy? would be interested to know what rapid's company valuation was. It's also the first time in a long while that someone did a straight up equity deal. Everything is always a $10 million line of credit or something from a large bank. Mandis is a wall street guy it looks like. Where are the silicon valley VCs?