shock money
7 months ago
 

Behind the gloss of absurdly high startup valuations

STARTUPS: With large investment rounds often come eye-wateringly high valuations of a business. Travel is no stranger to these, frequently leaving in the industry scratching their heads as to where the revenue “value” in a valuation has actually come from. Still, don’t let that stop anyone. Read more on 42floors.

Things certainly are warm in the startup world these days, with multi-billion dollar financing rounds kicking about.

For example, between Uber, Snapchat, Pinterest, Spotify and Dropbox, these five companies are worth over $20 billion.

Actually, that’s not entirely correct.

And it’s worth a bit of a discussion why.

Read more on 42floors

NB: Shock money image via Shutterstock.

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