Seed Valuations Aren't Valuations (opens in new tab)

(whoisnnamdi.substack.com)

4 pointsivan_burazin1y ago1 comments

1 comments

Seed companies don’t seem to be priced as businesses with intrinsic value derived from future cash flows. Rather than venture capital, they seem to be a proxy for the human capital of the founders and early team.

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Seed Valuations Aren't Valuations (opens in new tab)

(whoisnnamdi.substack.com)

4 pointsivan_burazin1y ago1 comments

1 comments

ivan_burazinOP1y ago

Seed companies don’t seem to be priced as businesses with intrinsic value derived from future cash flows. Rather than venture capital, they seem to be a proxy for the human capital of the founders and early team.

j / k navigate · click thread line to collapse