Crystal ball investing

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Yordan A. Zarev

Yordan A. Zarev

Mindful Tech Optimist, Partner at NV3 Venture Fund

Published Feb 19, 2015

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Valuation of start-up tech companies seems like a “crystal ball” exercise and looking for the intrinsic value boils down to hope and investing in other people’s dreams “value lies almost entirely in the money it hopes to make in the future”.

http://www.bloombergview.com/articles/2015-02-18/snapchat-s-valuation-of-19-billion-is-either-nuts-or-on-target?alcmpid=view

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