A Startup Is Like a Home Still Being Built. Don't Value it at Next Year's Dream Market Price When Pitching an …

As an entrepreneur looking for professional investors, one of the quickest ways to lose credibility and get rejected is to start with a ridiculously high pre-money valuation. I see it happen often in my angel investment group, and you can see it happen almost every week on the Shark Tank TV show. It’s like trying Read more…

Scandal-Hit Zenefits Slashes Own Valuation as it Cuts Deal With Investors…

Software startup Zenefits has cut a highly unusual deal with investors to increase their ownership while slashing the once-hot firm’s valuation as it seeks to avoid litigation and mend damage in the wake of revelations of cheating. The deal, a concession to investors in the firm’s latest funding round, will boost the investors’ combined stake Read more…