『The Valuation Gap Between Public and Private Markets』のカバーアート

The Valuation Gap Between Public and Private Markets

The Valuation Gap Between Public and Private Markets

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On this episode of The Venture Capital Podcast, Lucas and Luna dive into the widening valuation disconnect between public and private markets. With recent IPOs trading below their last private rounds and late-stage startups raising at multiples that public comps don't support, the hosts examine what this means for term sheets, down rounds, and VC return math. They use real data: Palantir's 14.8 percent five-day surge versus Shopify's 9.8 percent jump, and Cyera's reported 80x ARR valuation — a multiple that would dwarf most public SaaS companies. Lucas explains the mechanics of 'cram-down' provisions and how VCs are structuring deals to protect against public-market repricing. Luna pushes back on whether the gap is a bubble or a rational bet on growth. The episode includes a natural listener-support mention for the ad-free show. #VentureCapital #PrivateMarkets #PublicMarkets #ValuationGap #TermSheets #DownRounds #CramDown #Cyera #Palantir #Shopify #SaaS #StartupInvesting #VC #Business #Technology #FexingoBusiness #BusinessPodcast #TheVentureCapitalPodcast Keep every episode free: buymeacoffee.com/fexingo
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