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However, observers close to some bidders say they have discovered problems during due diligence, such as a £7m pension deficit that could affect valuation, pushing it down to £400m.
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After Foundation Capital, Sequoia and other investors pumped another $150 million into Sunrun in May 2014, the company's valuation pushed past $1 billion.
However high property valuations push the median tax bill to $1,529.
Is it a case of panic buying, with valuations pushed up in a bidding war with Google or another competitor?
Last year, it raised $3 billion (at a $16.5 billion valuation) to push on with its battle against Uber.
A low valuation has pushed the company's dividend yield up to 5.0%, making AbbVie one of the most reliable 5% dividend yielding stocks around.
"Tencent value has gone way up — enabling them to buy startups and invest in startups at high valuations and push the tech community," said Bell. "Investors see all this going on — and pour money in".
Private valuations have been driven upward by an abundance of capital pushing valuations higher and higher.
It can lead to investors blindly buying shares at any price and pushing valuations up to ridiculous levels.
Robert Talbut of Royal London Asset Management says issuers and their advisers were pushing valuations to the limit to squeeze every last penny from an IPO with little regard for the long term: "It isn't a sign of success if the price goes to a discount on the first day.
Basically, Wilson argued that startups should be careful about pushing valuations too high when they raise funding, because "You will need to find someone to top that price down the road and that person may not be there".
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CEO of Professional Science Editing for Scientists @ prosciediting.com