Morrill: Investor Competition for Rare Unicorns Drives Up Startup Valuations
Danielle Morrill · a16z Podcast | Raising Money and Valuing Startups -- What Happens When Things Don't Go As Planned? · Jan 2, 2019 · at 1:09
Danielle Morrill, co-founder and CEO of Mattermark, discusses venture capital dynamics and startup valuation trends on the a16z Podcast.
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“And then I think you're also seeing these really massive rounds because what I'm seeing is really competitive deals where investors feel like there's not that many super Unicorn potential startups. They want to pile into those, and so that drives up valuation just because the founders don't want to give up you know, beyond a certain percentage of the company.”
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