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It feels like a lot of money, but I'd point out that even venture's blockbuster 2021 year, where it raised ~$128B in funding, is still far less money than Apple
by rbranson 4y ago
It feels like a lot of money, but I'd point out that even venture's blockbuster 2021 year, where it raised ~$128B in funding, is still far less money than Apple's ~$202B and Google's ~$169B cash on hand. Those are single companies.
- sbinthree 4y agoThe heterodox truth is that startups are undervalued for their value potential. When single (venture backed) companies all have more cash than the entire ecosystem on their balance sheet, it becomes clear that the market is undervalued.
- Msw242 4y agoAdditionally, they are less capital intensive than ever, so founders have more options for funding than ever That pushes up prices
- rapsey 4y agoApple and Google are giant money printing machines. How is this relevant?