Dec 13, 2014

Tech startups and record values - SFGate

Even as funds continue throwing cash at private companies, sending valuations to record heights — including Uber Technologies Inc. reaching $40 billion this month — investors in recent initial public offerings aren’t paying up. Last week, venture-capital-backed startups New Relic Inc. and Hortonworks Inc. priced IPOs at valuations equal to or lower than their last private funding rounds. Other...

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