This article is admission from there VC community that valuations are basically price gouged as a function of available capital - with little, if any, scientifi

This article is admission from there VC community that valuations are basically price gouged as a function of available capital - with little, if any, scientific basis the them. This was always evident from how badly unicorns have fared in the open market post IPO - but this is a direct admission of price gouging