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"There may be competitive reasons to be connected to this asset beyond what the specific valuation is today," he said.
I always wondered if these entrepreneurs did this on purpose, so that the sharks would focus more on the product than the specific valuation.
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But for those you can calculate — either because they died, got acquired, or sold stock at a specific valuation — the value of the YC portfolio has jumped considerably.
The hedonic pricing method (HPM) is a specific valuation technique used to disaggregate the sale price of the bundled good (i.e., land property) to reveal its water component (Latinopoulos et al. 2004).
The June 29 documents do not detail a specific valuation but provide some hints at what the range might be.
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".
Y Combinator determines the value of the portfolio by adding up the valuations of all the startups that have either died, been acquired, or sold stock at a specific valuation.
This has really become the crux of the debate: determining whether conditions allow Level 3 inputs to be used in a specific valuation.
Should entrepreneurs come into a fundraising meeting asking for a specific valuation?
Kobs wouldn't give a specific valuation, but said they've more than doubled it since their 2014 funding.
But in many of the recent cases, where clean term sheets were available at slightly lower valuations, they seem to be merely about a specific valuation and what it means to a founder's pride or publicity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com