Growth Tech Investing Is Not Value Investing; Hyper-Growth Commands Premiums
Randy Glein · 20VC: The Radical Changes In Public Market Expectations, The Right Way To Assess Valuation & What It Means To Be A Disciplined & Diligent Investor with Randy Glein, Partner @ DFJ Growth · Feb 8, 2017 · at 23:59
Randy Glein, Partner at DFJ Growth, explains how growth investors evaluate valuation and pricing dynamics for high-growth tech firms.
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“I'll tell you at the growth stage, I never feel like, you know, we're not a value investor. So I never feel like price we're getting is, is cheap. It's not a value play. We're investing in hyper growth companies. So there's a premium to pay for that.”
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