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Though Zenefits went on to obtain a $4.5 billion valuation, things have famously gone very wrong since.
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We're just going to let the hot money do the high valuation thing while it's in the market.
"After a number of years where fintech has been a little bit ahead of itself in terms of valuations, things have come back to earth".
Her Majesty's Treasury recommends the use of cost-benefit analysis for policy decisions, with economic valuation techniques for things that don't have prices associated with them.
"Addiction to a strict and unremitting valuation of all things in terms of price and profit" leaves executives "unfit to appreciate those technological facts that can be formulated only in terms of tangible mechanical performance," Thorstein Veblen wrote in 1921 in "The Engineers and the Price System".
The $140 million valuation shows two things – Mint is on a roll, and they don't seem to need much capital.
Valuation humor aside, things aren't as bad as you might have thought, at least regarding this year's unicorn IPOs.
Said Dixon: "My preference is to keep all terms as above and only negotiate over 2 things – valuation and amount raised".
The latter involve the valuation of persons, things, or actions in terms of their social status or esteem, their price (economic value), or their desert (as in punishment and reward)—all of which are inexact, comparative, and subject to alteration or adjustment (i.e., moral imposition is an ongoing process).
"Valuations matter," he said.
Valuations Matter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com