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Everything you've ever wanted to know about venture capital, but were too afraid to ask

Matt WeinbergerFeb 18, 2016, 20:02 IST

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If you spend long enough in the world of tech, you end up immersed in a whole universe of jargon: Funding rounds. Down rounds. Valuations, acqui-hires, exits. The list goes on.

If you work in the tech or finance industry, it all makes perfect sense after a while.

But for everyone else, trying to figure out just what it means when we say that Uber's raising $2 billion at a $62.5 billion valuation can make your head spin.

So if you're curious, here's how to think about money in Silicon Valley - where it comes from, and where it goes.