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Does this mean that insane valuations (like Uber) will either get reduced, or start to make sense?
by stephengillie 11y ago
Does this mean that insane valuations (like Uber) will either get reduced, or start to make sense?
- abfan1127 11y agoIs this less affecting valuations and more affecting acquisitions using debt-issued bonds to fund the process. So many of the big deals were funded by cash and debt. These types of deals will disappear (IMO).
- tomjen3 11y agoIt may take a dive, but I doubt it will be by that much - Uber makes money which is always a good argument for having a high price. That said I seem to remember Sequia talking about the party being over years ago and utterly nothing came of that.
- ekanes 11y agoLink to Sequoia's presentation: http://www.scribd.com/doc/73886447/R-I-P-Good-Times-10-7-08-Final http://www.scribd.com/doc/73886447/R-I-P-Good-Times-10-7-08-...
- cgearhart 11y agoNot likely. High startup valuations are about protecting previous investors' money. We may see fewer deals or earlier IPOs as some of the funding for startups finds other investment opportunities, but the changing rate shouldn't fundamentally alter investors' desire to protect their investment.