The Fuzzy, Incomplete, Valuations of Tech Startups
Accurate business valuations have always been difficult. This difficulty has only increased over the past decade with the rise of Intangible Assets. No industry has shown this more so than the fast-paced tech industry. The industry has been built on Intangible Assets such as patents and software, making traditional financial statements nearly useless when it comes to business valuations. This issue was outlined recently in an article from Bloomberg Business. The article,