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Yesterday I tweeted an unpopular opinion that deserves unpacking.
Valuations are up. Unicorns are getting birthed faster than ever before. Multiples have hit all-time peaks. New investors are aggressively entering the VC ecosystem.
Who’s to blame? What does it mean? Unpacked:
Valuations are up. Unicorns are getting birthed faster than ever before. Multiples have hit all-time peaks. New investors are aggressively entering the VC ecosystem.
Who’s to blame? What does it mean? Unpacked:
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Garry Tan @GarryTan
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Jul 21, 2021
Great thread on what’s happening in VC today 👇 Risk-on is right, as is finding the overlooked I think we are entering a new period of 3X to 5X growth in R&D and new technology innovation. I’m optimistic. Not all of it will work. But when it works it will be amazing.