SUBSCRIBERS
Tech startup valuations may fall 5% a month
Published Sun, Feb 21, 2016 · 09:50 PM
New York
VALUATIONS of closely held technology companies could decline by about 5 per cent a month in the next six to nine months, according to Anton Levy, managing director and head of global Internet and technology at General Atlantic.
"You're going to see a lot of failures. You're going to see a lot of writedowns," Mr Levy said on Friday at the Columbi…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think
Hollywood animation, VFX unions fight AI job cut threat