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Larosa Group Wary of New VC Trends
- Larosa Group Wary of New VC Trends
- February 24, 2015
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The Fear of Missing Out In the 'Private IPO' Market Is Fueling Valuations.
It is this infectious fear of missing out, according to some venture capitalists that has created a flotilla of billion-dollar startups with ever-soaring valuations and mixed financials.
According to The Wall Street Journal's Billion Dollar Startup Club, there are now at least 73 private technology companies worth more than $1 billion dollars, versus 41 a year ago. Some, such as Uber, the $41.2 billion car hailing app backed by Gurley's Benchmark, are worth enormous sums. At least 48 companie...
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