Analysis of information sources in references of the Wikipedia article "Unicorn (finance)" in English language version.
It seems every serious venture capital firm has now had a chat with its portfolio companies about how it[']s time to fire people... VC-extraordinaire Bill Gurley's Benchmark has had the same chat with its companies, but Bill tells peHUB that there's actually an alternative to canning half your company: Move to San Jose
There's so much easy money in the tech industry, entrepreneurs can afford not to be accountable to their investors. That "excessive amount of money," he says, can inflate a startup's valuation—even if they don't deserve it.
Subtitle: The billion-dollar tech startup was supposed to be the stuff of myth. Now they seem to be... everywhere.
Subtitle: A crash would affect more than just startups. ... Bill Gurley, the prominent investor behind Uber and Snapchat, has been sounding the tech bubble alarm for months now. He's preached about the dangerous appetite for risk in the market, the alarmingly high burn rates and the excess of capital sloshing around in Silicon Valley. "There is no fear in Silicon Valley right now," he said. "A complete absence of fear." He added that more people are employed by money-losing companies in Silicon Valley than ever before. Will there be a crash? "I do think you'll see some dead unicorns this year," he said, using the term used to describe startups with valuations higher than $1 billion.
The average unicorn is worth half the headline price tag that is put out after each new valuation.
We develop a valuation model for venture capital-backed companies and apply it to 135 U.S. unicorns—private companies with reported valuations above $1 billion. We value unicorns using financial terms from legal filings and find reported unicorn post-money valuations average 48% above fair value, with 13 being more than 100% above.
39 companies belong to what we call the 'Unicorn Club' (by our definition, U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors)... about .07 percent of venture-backed consumer and enterprise software startups
Subtitle: Subtitle: Venture capitalist says companies hurt themselves by trying to delay going public
