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A couple of these had smaller max valuations than amount raised this seems independent of year founded. What's the explanation? Several funding rounds with hig
by SethTro 8y ago
A couple of these had smaller max valuations than amount raised this seems independent of year founded.
What's the explanation? Several funding rounds with high burn rate? ...
- deleted 8y ago[deleted]
- evanweaver 8y agoEither they did late stage down rounds, or the data is just wrong.
- Fission 8y agoStartup equity rounds are typically disclosed publicly, but the valuations might not be (for a variety of reasons, one of which is that valuations can be used as a proxy for the health of the company, which the company may want to keep private). Pitchbook likely only uses publicly known/verified valuations, which may not reflect the actual valuation at the latest round of fundraising.