Surprise: Tech Company Valuations Are Completely Made Up

Wednesday, March 18, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/18/2015

We thought private tech company valuations looked ridiculous, but as the VC world will patiently explain to you, things like cash flow and operating costs actually don’t matter, and “valuation” doesn’t mean what you thought it meant.

The Rest…HERE

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