Jeff Epstein (Bessemer Venture Partners) - What Investors Want
Entrepreneurial Thought Leaders (ETL)
00:00
Venture Capital
Dordash, as an example, raised a hundred 20 thousand dollars at two million pre money valuation. They then raised another two point four million the following year. The next year they raised 17 million at a 54 million valuation. And every year or so they raised another round. Over timethey'veoe been enormously successful. So we're in something that's very unusual. We'll have to see if how the industry responds but i would say for the last 20 years, this idea of gated capital has been the normal paradime.
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