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Still, fund managers say they are finding companies that offer solid growth prospects at a decent valuation.
"How do you know how big the hole is on the balance sheet of Citi until you have a decent valuation?" asks the Princeton economist Alan Blinder.
He wouldn't discuss a specific valuation, but did say they have grown 6x since the 2013 round and he got what he described as "a decent valuation".
But if Facebook is worth $6 billion to $10 billion, Bebo might still be able to get a decent valuation if it can hold onto its users.
But if you can get a decent valuation in Europe, and that's where you've built the product with a great team, like Tradeshift has, then stay.
Similar(55)
Any well-run firm with a global reach and decent valuation is fair game, and Zurich certainly fits the bill.
These firms will benefit from that growth, while offering steady cash flow and decent valuations.
X.ai is not releasing details of its valuation, but we understand from reliable sources that it is now around $100 million — a decent jump on the $40 million valuation the company had when it announced its Series A of $9 million in January 2015.
That's a decent jump on the $200 million-$million-$250 millionn it got in May when it raised €25 million (then worth $27 million) from the European InvaluationBank.
Attractive valuation levels and a decent dividend management recently raised the dividend for the 22nd consecutive year combine to offer an intriguing long-term opportunity.
The shares have travelled hard into the update, and at 17 times 2013 PE we remain cautious on valuation, in spite of a decent top line story.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com