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If you’re pitching billionaire entrepreneur and investor Mark Cuban, you’ll want to be aware of this one little thing that will make or break your deal.If you’re from Silicon Valley, he’s probably not interested.
In general, he said, Silicon Valley startups tend to be overvalued compared to the rest of the country.
A company with an $8 million valuation in San Jose might only be worth $2 million elsewhere, he said.
That’s not to say Cuban wants nothing to do with Silicon Valley whatsoever; he doesn’t mind them as a market.
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