zombiecorns
also referred to as: zombie corns
3 statements across 1 episodes · 0 bullish · 3 bearish · 2 people on the record · first statement Sep 25, 2024 by Brad Gerstner · across every show →
Everything said about zombiecorns, oldest first
Sep 25, 2024 bearish
Sep 25, 2024 bearish
Gurley: Large endowments are holding zombiecorn startups at unrealistically high valuations
“And by the way, you talk, if 80% of the zombie corns are never going to get out or are going to get out at reduced prices, I'm telling you flat out, those are being held on the large endowments, you know, as LPs at unrealistically high prices across the board.”
Sep 25, 2024 bearish
Gurley: Requiring $500M revenue for IPOs will create excessive zombiecorns
“If that becomes true, if that kind of Path dependency is, is cast upon every venture capital company that comes along. You're going to end up with an excessive amount of zombie corns because previous to this evolution in the late stage markets, plenty of compa…”