Schuler: High late-stage tech valuations are not a dot-com bubble
Barry Schuler · 20VC: How To Get Back To 200 Tech IPOs Per Year, Why We Are In A 'Bulge" Not A Bubble & The Impending Flat & Down Rounds To Come with Barry Schuler, Partner @ DFJ Growth · Jul 5, 2017 · at 13:39
Barry Schuler, partner at DFJ Growth, refutes claims that high late-stage startup valuations in 2017 reflect a retail-driven bubble like the late 1990s.
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“All these prices, all these unicorns, this must be just like the dot-com bubble was, when it's nothing like the dot-com bubble. You were probably quite young for those of us who lived through it, I was exactly, exactly. You have to read the history. We are the history. And you know, it's, it wasn't the issue of there's a whole bunch of retail buyers. You had professional investors creating these valuations.”
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