In other news, women share how much their diamond rings were valued at when they got married. Unfortunately, when they go to sell their cherished tokens after t

In other news, women share how much their diamond rings were valued at when they got married. Unfortunately, when they go to sell their cherished tokens after their eventual divorce, they soon discover that diamonds aren't worth nearly as much as they thought they were. Indeed, they are often horrified to learn that the valuation of the diamond at point of sale was horrendously overpriced through the use of psychological arbitrage and cultural indoctrination, that the cost of their production is surprisingly low thanks to copious amounts of slave labor and theft, and that the wholesale price that the diamonds will clear at is so low as to be an insult to their very dignity. Oh, were we talking about startups? I must have digressed into accurate land. For anyone who's being a bit slow today: women = investors diamonds = startups marriage = first rounds divorce = likely failure of startup valuation at point of sale = optimistic valuation by investors at inception cost of production = ramen, servers and underpaid employees without equity wholesale price = true value of a startup on average