private market tech companies
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Feb 24, 2023 by David Friedberg · across every show →
Everything said about private market tech companies, oldest first
Feb 24, 2023 bearish
Friedberg: Many venture-backed startups are worth less than their preferred equity
“I do think that there's a significant number of these companies that if they were to be truly valued on first principles in private markets today, they'll get valued as at a value that's less than their preferred equity, which means that there's a difficult re…”