Most funded consumer startups will sell below their last valuation
Ryan Caldbeck · 20VC: Ryan Caldbeck on Why The Business Model of VC is Broken, Who is To Blame, How The Best Funds Will Use Data Intelligently Moving Forward & Whether We Are In A Consumer Bubble Or Not? · Nov 2, 2018 · at 30:39
Ryan Caldbeck, founder and CEO of CircleUp, discusses the fate of consumer startups that raised large funding reserves.
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“Consumer companies typically it'll be a graveyard. There'll be some exceptions. Unilever bots, Dollar Shave Club, because they needed the capabilities of DTC. That'll happen a few more times, but many times they will be sold for half of the last round valuation.”
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