Put simply: If the tech companies with the richest valuations were dragged closer to a 20x multiple, it would slash the worth of nearly every tech company, period.
Will rising interest rates scupper the startup surge?
Investor and entrepreneur Anshu Sharma — formerly a partner at Storm Ventures, now CEO of privacy-focused SkyFlow — asked on Twitter today about the connection between interest rates and technology valuations: Ignore the compliments; Sharma was merely trying to bait Jeff and me into engaging with his question. Which worked, as you can tell. Sharma […]