Nearly 50% Of Unicorns Lose Their Unicorn Status When Their Valuation Is Recalculated

How much is are tech unicorn startups that recently went public really worth? Just like valuing a cryptocurrency, the “correct” price could be in the eye of the beholder. Two academics, Will Gornall at the University of British Columbia, and Ilya Strebulav at Stanford University think they have the answer. Unicorn Startups overvalued – some by as much as 200% [timeless] Looking at the valuations of a stock such as Amazon, which currently trades at a 250 price / earnings multiple, and comparing it to Google, which currently trades near 34 times earnings, can the valuation metrics be explained? JHL…