A year ago, startup valuations hit a 12-year peak as the numbers of companies joining the billion-dollar-plus club soared. Today, those numbers are looking far more run of the mill. So suggests a new survey published by law firm Fenwick & West, which analyzed the venture financings of 195 Silicon Valley-based companies over the second […]
valuations
Employees Wise Up
This week, a Bay Area founder was taken aback when an engineer being recruited by his startup asked for both its cap table and information regarding the liquidation preferences of its venture backers. The candidate presumably “worked somewhere where he discovered that these things matter,” says the founder, who asked not to be named in […]