on April 22, the Founders Fund general partner and well-known contrarian walked listeners through his predictions for the startup ecosystem in the looming downturn. It wasn't exactly the rosy outlook many other investors have clung to.those that rely on healthy margins for per-unit sales
In the past, investors have gravitated towards businesses that have the high margins. But now, those metrics might seem to be a less perfect measure of the health of the business, according to Rabois. The biggest offender was the reliance on growth, or the appearance of growth, over fundamentally sound unit economics, Rabois said. That led to a valuation inflation, which is starting to track back down to historical levels.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Suisse quant fund QT closes after a tough stretch for quants - Business InsiderThe QT Fund was run by Nicholas Branca, and it managed more than $600 million last year. When it closed, it was managing $519 million, sources say. Use your voice for kindness, your ears for compassion, your hands for charity, your mind for truth, and your heart for love. How is CreditSuisse still solvent?
Read more »