Investors ignore dubious revenue metrics like GMV if growth exists
Jason Lemkin · Canva Slashes Growth | Talent Exodus at Google | Revolut's $50B CEO Package | Musk's $55B Terrafab · Aug 12, 2026 · at 1:20:20
Jason Lemkin critiques startup valuation standards and venture investor diligence behavior on The 20VC Podcast.
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“I think whether it's literally GMV or not, I think there are plenty of folks getting benefits of revenue that make no sense. It's not even just lying or cynical. I think there's a lot of, I think investors to some extent don't care as long as the growth's there.”
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