Two large Indian startups, Ola Electric and FirstCry, are set to test investor appetite with their public listings this month, but both have had to price their shares below their previous valuations as they come to terms with new market realities. Ola Electric, India’s biggest electric two-wheeler maker, aims to raise over $ 730 million […]
Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over.
Generative AI businesses aside, the last couple of years have been relatively difficult for venture-backed companies. Very few startups were able to raise funding at prices that exceeded their previous valuations. Now, approximately two years after the venture slump began in early 2022, some investors, like IVP general partner Tom Loverro, are saying that the […]
SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations
There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $ 200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $ 234 billion. The Germany-based enterprise software provider […]
Will startup valuations start to recover in 2024? Investors aren’t so sure
In 2021, it felt like every startup was able to raise at an inflated valuation no matter its size, sector or underlying business model. Today, things look a lot different. Comparing pre-money valuations, every startup fundraising stage except seed saw median valuations decline last year compared to 2022, according to data from PitchBook. Things were […]