Praying to the God of Valuation
Both Sides of the Table
DECEMBER 11, 2022
2001–2007: THE BUILDING YEARS The dot com bubble had burst. WHEN OUR INDUSTRY CHANGED — THE ERA OF THE UNICORN Aileen Lee of Cowboy Ventures first coined the term Unicorn in 2013, ironically to signal that very few companies ever achieved a $1 billion valuation. Until we weren’t. Nobody cared about our valuations any more.
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