Valuations tagged to companies backed by venture capital worth more than $1 billion, known as unicorns, are 48% higher than fair value, on average, according to a survey published in the Journal of Financial Economics
Subscribe
You will need a Premium+ Subscription to read this article.
Exclusive news, analysis and research on global family enterprise and private investment offices
Already have an account? Sign in
Already have an account? Sign in
You've reached the end.
Continue reading free articles by registering as a Member.
Or choose a Premium Plan.
Already have an account? Sign in