3 ms·
Not really at the early stages from what I can tell. There is definitely a correction happening in late stage pre-IPO and recent-IPO companies. In part because
by hendzen 7y ago
Not really at the early stages from what I can tell. There is definitely a correction happening in late stage pre-IPO and recent-IPO companies. In part because everyone is realizing that SoftBank are actually the dumb guys in the room, when the prior common view was that they were the smart money. A lot of these crazy valuations (Uber, WeWork, Slack, etc) that are getting cut were set by them.