Not exact matches
In B.C. especially, companies such as QLT Inc., Angiotech Pharmaceuticals and Cardiome Pharma Corp. saw their
valuations soar in the early 2000s, only to come crashing to earth by the end
of the decade as a result
of competitive pressures, regulatory snags, strategic blunders and deals gone awry.
Tech companies with no profits (or even much
of a business plan)
soared to extreme
valuations that were justified, in part, by the belief that future profits would be made faster and that equities were less risky than in the past.
And 2015 was no exception, as the year achieved a kind
of milestone with 142 unicorns, startups so - named because their
valuations have
soared to the $ 1 billion mark and beyond.
Unlike their more seasoned peers, whose
valuations have
soared into the tens
of billions
of dollars, this year's flock
of unicorns have somewhat smaller price tags.
As a result, the median
valuation of a Series A round
of funding
soared 135 % between 2012 and 2014, according to the law firm Cooley LLP.
Pinterest Inc. the online scrapbooking company, is seeking to raise funding at a
valuation of about $ 11 billion, according to a person familiar with the matter, continuing the
soaring values
of a group
of high - profile technology startups.
Despite rising
valuations and a
soaring American stock market — the S&P 500 is up 136 % since it bottomed in March 2009 — it's hard to know if we're in the midst
of a bull run, a sideways market or the prelude to a fall.
While the supply
of capital available for VC backed IPOs has declined drastically over the last 21 months, the total
valuation of U.S. based unicorns has simultaneously
soared.
The dot - com bubble is the perfect example
of a time when buyers weren't deterred by steep
valuations, and the S&P 500's CAPE
soared to nearly 45.
Although the
valuations are
soaring, they could take a significant hit as the global economy is in the midst
of instability and the Fed is tapering its monthly bond - buying program, otherwise known as quantitative easing.
But times in which
valuations soar are times when public scrutiny
of what is going on in the market is spare (how else could
valuations get out
of hand?).
We hesitate to speculate if this is due to the rising popularity
of the factor driving the relative
valuation higher or the
soaring valuation driving the rising popularity.
The US Securities and Exchange Commission in the meanwhile has suspended trading
of a widely popular bitcoin - related stock temporarily whose price had reached a market
valuation of $ US11.3 billion this year by
soaring more than 5600 % given rising concerns
of market manipulation.