One of many essential causes we’ve but to see a significant restoration in late-stage deal exercise is the shortage of consensus round how startups must be valued. Nobody desires to pay 2021 costs, however gauging what startups are price now isn’t simple.
Nonetheless, there are indicators that people are coming to an settlement.
Final week, Forge International, a non-public securities market, launched knowledge that reveals the common distinction between what secondary sellers had been seeking to promote for and what consumers had been seeking to purchase shares for — also called the bid/ask unfold — had decreased to 17%. That is the bottom proportion in a 12 months, displaying that consumers and sellers are beginning to get on the identical web page relating to worth.
