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I firmly believe that the right ecosystem now exists for one of the companies highlighted in this report to push forward and reach a $10bn valuation in the next few years.
Laughing, he noted that the valuation in the next round of funding — "for a pre-launch company from very untested entrepreneurs who had very few customers" — was a hundred million dollars.
They spent years trying to distinguish themselves from the corporate mission of Microsoft and their HoloLens headset; now it seems they've begun to see that the only hope of justifying their sitting valuation in the next few years is enlisting support from the big customers that MSFT is chasing, as opposed to single-handedly birthing a consumer market.
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We therefore believe that Aviva has the opportunity and momentum to close the substantial valuation gap in the next 12 to 24 months, through successful delivery on its restructuring plan.
"We believe it is reasonable that COP will achieve this valuation level in the next twelve months," Merrill said.
Igloo is not disclosing its valuation with this round, but I understand it to be well north of $100 million, and that the company's goal is to reach a $500 million valuation in the next year or two now that it's putting its foot on the gas pedal.
He sees a "day of reckoning" or some of kind of valuation crash happening in the next 12 to 18 months.
Part of that may be that Facebook is quietly telling people, never in writing, that there's no reason their stock won't hit $100 billion in total valuation over the next couple of years.
(Note to self: Someone's valuation is going up in the next round…) It's a way to interact and answer questions without exposing yourself too much or giving up too much control over what's published.
The valuation is linked to the valuation of the next fundraising.
In a normal environment, that company might raise $20 million on an $80 million pre-money valuation as the next step up.
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