3 ms·
In terms of what makes me feel like we're in a pattern that is similar to '97-'00 it isn't just the very large valuation companies, in fact that isn't much of i
by trotsky 16y ago
In terms of what makes me feel like we're in a pattern that is similar to '97-'00 it isn't just the very large valuation companies, in fact that isn't much of it at all to me.
It seems to be across the entire spectrum - VC's showing up to initial meetings with term sheets, higher initial valuations, very young companies being sold for high amounts, lots of rather underwhelming products/models, accelerating valuation increases and a public and press fascination with the sector.
I'm not saying that's conclusive proof at all, but many behaviors seem very familiar.
- mkr-hn 16y agoWe could be seeing an aftershock from the last one. It seems like a lot of VCs either are or are working with people who cashed out near the high point of the boom.