Valuations of Private Web Companies Soar
A new Bloomberg/BusinessWeek article on private company valuations quotes CapLinked CEO Eric M. Jackson. According to a study by Nyppex, secondary market valuations of private, venture-backed web companies have increased by 54% since June of this year. This compares to a 21% increase in the Nasdaq. Among the tech high-flyers are Facebook (valued at $41 billion), … Read more