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As Foursquare's valuation dips, it naturally becomes a more attractive acquisition target for the right kinds of technology and assets (hint: Foursquare's treasure trove of data).
When it is — we scoured the relevant documentation for more than 130 unicorns to crunch the numbers — it emerges that common shares are overvalued by 58percentt on average, and for almost half of unicorns "fair valuation" dips below the billion-dollar threshold.
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If these startups were public entities, their market valuations would dip today.
Lawrence Marsh, an analyst at Lehman Brothers, said the lower valuation reflected a dip in Medco's first-quarter operating profits, and a slide in the stocks of other drug plan managers "based mainly on concerns about government investigations and various subpoenas".
MemSQL co-founder Eric Frenkiel tells me that this was an oversubscribed round and noted that he believes this is unusual given the dips in valuation for some of the company's competitors.
Whoever is going to scoop up GameStop is probably waiting for 19Q1 when sales dip and its valuation will be lower.
Bitcoin, Ethereum and others went on a tear last year, with huge valuation gains, but a bloody dip over the past month has seen those prices drop — with the value of bitcoin falling from an all-time high of nearly $20,000 to around $9,000 right now.
Also, if Box dips, it could depress valuations for other companies looking to raise funds in the billion dollar valuation range.
As such, whilst we remain fans, we think valuation discipline is required and advise buying on dips.
So far in 2016, the bank has lost half its market valuation, and in early August its stock price dipped to an all-time low, of $12.58.
Yet Didi, a big dog with its $56 billion valuation and investments across five continents, is only just dipping its toes in now.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com