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>8/970 companies are worth > 1b and 40 are worth over 100M. Sorry to be negative, but worth according to whom? If none of these companies are public, the valu
by jazzyk 11y ago
>8/970 companies are worth > 1b and 40 are worth over 100M.
Sorry to be negative, but worth according to whom?
If none of these companies are public, the valuation comes from a very narrow group of private investors. In what seems to be a bubble (and an echo chamber) in S.V., these valuations may be vastly overstated.
That said, kudos to YC for being transparent.
- jazzyk 11y agoTo all the down-voters: Do you not think that solid data such as revenue, revenue growth and profit/loss (or at least burn rate) would be a much better measure of success? Some non-public companies (like Uber) publish some of these numbers.
- SuperKlaus 11y agoExcellent point, most of the companies couldn't exit at whatever valuation they raised money last.