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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

How could Bird really be worth the reported $2 billion valuation that I read about in this press? While I promised not to comment on the exact valuation you can assume that it is very large and perhaps the fastest rise from zero to what some have called a “unicorn” valuation. Forget the valuation?—?I Not at all.

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The Changing Venture Landscape

Both Sides of the Table

We have global opportunities from these trends but of course also big challenges. I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. even before the pandemic itself has been fully tamed.

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How to Miss By a Mile: An Alternative Look at Uber’s Potential Market Size

abovethecrowd.com

Financial models, especially valuation models, are interesting in that they can be particularly precise. While it may seem like a tough question to answer, I would argue that most practitioners of valuation analysis would state “not very high.” It is not my aim to specifically convince anyone that Uber is worth any specific valuation.

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OG Unicorns?—?Where Are They Now?

View from Seed

It’s almost exactly 5 years since Aileen Lee first coined the term “unicorn” in reference to startups with $1 billion+ valuations. A few of these had previously raised private rounds at $1B+ valuations like Facebook, Twitter, and LinkedIn, but a good majority of them only reached unicorn status upon exit. valuation in 2017 round).

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The Magic of the Irish – Dublin’s Resurgence on the Global Tech Scene

Both Sides of the Table

If you’re interested in learning more about how this happened as well as stories of what went on in Iceland and other places there’s a great book called Boomerang by Michael Lewis , which also serves as a cautionary reminder to all of us in the tech industry about assuming that our recent big boom in valuations will continue. It will not.

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A review of the first eleven Techstars Unicorns

David Cohen

Twilio became a popular perk for Techstars companies globally over the years and many other Techstars portfolio companies use the product extensively. The company is based in San Francisco, with significant operations in Africa and elsewhere. #5: Today, the cloud communication platform is valued at around $33 billion. #4: