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What were the causes and consequences of the War of the Spanish Succession?
Pre-money Valuation
The valuation of a company immediately before it goes through a round of financing or receives external funding.
Post-money Valuation
The estimated value of a company after external financing and injections of equity have been added to its balance sheet.
Angel
A wealthy person who funds a new business, typically in return for convertible debt or a share in the company's equity.
Pre-money Valuation
The value of a company as estimated before the injection of new capital or investments.
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