Benchmark’s Venture Capitalist Gurley: ‘Private Valuations Are Fake’(recode.net)

2 pointsby prostoalex11 anni fa1 comments

Benchmark’s Venture Capitalist Gurley: ‘Private Valuations Are Fake’

https://recode.net/2015/10/20/benchmarks-bill-gurley-is-talking-to-you-unicorns-private-valuations-are-fake/

1 comments

We're seeing a lot of anti-unicorn sentiment recently. In addition to Gurley's comments here, Sequoia's Mike Moritz wrote an op-ed saying most unicorns are a joke [1]. And today's Wall Street Journal has a page one article about how tech IPOs have become all but impossible because private market valuations are so much higher than what public investors are willing to pay [2].

It all begs the question: what's happening?

[1] http://www.businessinsider.com/sequoia-capitals-michael-mori...

[2] "Tech Startups Feel an IPO Chill" http://www.wsj.com/articles/tech-startups-feel-an-ipo-chill-...