Public investors evaluate companies on shorter horizons than private investors
Steve McDermott · a16z Podcast | On Recent IPOs and Comparing Private vs. Public Valuations · Jan 2, 2019 · at 28:52
Steve McDermott of Andreessen Horowitz highlights key differences in evaluation time horizons between public and private equity investors.
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“So really one of the very big differences that private investors think about is, is looking out over a much longer term time horizon to look at a normal, a steady state business versus Public investors that, you know, may look out 12, 18, maybe 24 months in some of the most aggressive situations a little bit longer than that.”
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