Why Have Early Stage Valuations Remained Surprisingly High?
Angel Capital Association
JUNE 27, 2024
Their DNA was wrapped up in a VC mindset that starting valuations were less important given the lofty later stage valuations and frothiness at that end of the market (hence over 1000 “unicorns” today vs only 8 in 2008 and 1 in 2001). Here are some possible explanations: There is still too much money chasing deals.
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