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That's true, but I was commenting on which startups are most likely to be in that level. If we analyze the companies who have reached that kind of valuation the
by dmode 11y ago
That's true, but I was commenting on which startups are most likely to be in that level. If we analyze the companies who have reached that kind of valuation they demonstrate some patterns - 1. Mass market product, that most of the planet can use 2. Mobile first 3. High growth opportunity in Asia. That's why there are so many Asian companies that will become internet behemoths. Looking at the NYC startup list - Oscar health, Etsy, Cockroach DB, MongoDB etc. I don't see that pattern emerging. But that's just my assessment