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An investor explains why he'd pass on a $2.5 billion startup unless he thought it could reach a trillion dollars. Great companies exist at better prices. Deal economics matter more than the valuation headline.
An investor explains why he'd pass on a $2.5 billion startup unless he thought it could reach a trillion dollars. Great companies exist at better prices. Deal economics matter more than the valuation headline.
Would you invest money at a $2.5 billion valuation? If I think the company can go a trillion, I might. But no, I think I would avoid it because the thing is, it's a great company, but you can find better deals at the end of the day.
