Friday, 11 May 2018

Why tech company IPOs can be so overvalued

The Wall Street Journal cited a study by researchers at UBC and Stanford University that examined unicorns, or start-ups valued at over $1 billion.

They found nearly half of the 135 companies they studied should be more fairly valued at less than $1 billion.



Read more from UBC https://news.ubc.ca/2018/05/11/why-tech-company-ipos-can-be-so-overvalued/

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