snowflakes

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Aug 23, 2023 by Jason Lemkin · across every show →

Everything said about snowflakes, oldest first

Aug 23, 2023 bearish
Insight
Lemkin: Startup valuations above 15x ARR are suspect in current market
“First, I basically decided that anything north of 15 X ARR had a suspect valuation in the current world. Okay. That's what the top and this most startups are not going to be the very top. They're most aren't going to be data dog or snowflakes on the other hand…”
Jason Lemkin Aug 23, 2023 ▶ 29:50 Jason Lemkin & Rick Zullo: How "Mark to Market" Corrupted Venture Capital | E1052 · 20VC with Harry Stebbings
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