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Lowered valuations is also likely to spur deal-making.
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A dispute ensued over revenue projections and Andreessen offered a lowered valuation of $220m.
They said that Mr. Schussler was known for his uncanny ability to persuade assessors to lower valuations and that he charged stiff fees for his services.
Discounting leads to lower valuation of impacts that occur later or last longer, in comparison with immediate effects.
"Today there are lower valuations and lower expectations," said Jaimi Goodfriend, an analyst at First Analysis Securities in Chicago.
But these latecomers may have to accept lower valuations, he said.
Angels are still financing deals, but at lower valuations and with more specific milestones.
Meanwhile, works have left Spain because lower valuations here have convinced more families to auction abroad.
But a continuation of the recent rise in yields would bring much lower valuations by then.
Broadly speaking, European equities still trade at lower valuations than domestic or Japanese shares.
If those expectations come down, lower valuations may come to seem appropriate even after the recession ends.
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