The Valuation Obsession
A VC : Venture Capital and Technology
JUNE 12, 2018
Every day, without fail, I read a headline that so and so company has raised, will raise, or is trying to raise capital at some eye popping valuation. The problem is us, the tech sector, and the mindset that valuation is the scorecard by which we measure ourselves. Of course, valuation matters. But interim valuations being put on startups is different. It leads to a culture of bragging and topping one another and an obsessive focus on valuation.