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Zennström calls the end of high-valuations era, says founders and VCs must remove stigma of downrounds

TechCrunch

That was the message today at the Slush conference in Helsinki from Niklas Zennström, the iconic Skype co-founder, Atomico CEO, and one of Europe’s most famous tech players. In this environment a lower valuation is no reflection on you. There’s a stigma. We’ve turned the down round into a worst case scenario. It’s market dynamics.”.

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