2 ms·
(1) "the thing that feels least reasonable is some early-stage valuations" Sam means here that early-stage valuations are possibly too high. (2) "Proposition 3
by dennisgorelik 12y ago
(1) "the thing that feels least reasonable is some early-stage valuations"
Sam means here that early-stage valuations are possibly too high.
(2) "Proposition 3: The current YC Winter 2015 batch—currently worth something that rounds down to $0—will be worth at least $3B on Jan 1st, 2020."
So now (1) seems to contradict to (2): if 2020 expectation of batch worth is $3B+ then current evaluations should be higher, right?