Leslie has been a committed angel investor, advisor, and board member in early stage companies, venture capital funds and syndicates across the country, amassing a personal portfolio of over 45 companies and 11 funds. Her prior experience as a 25 year corporate attorney brings invaluable insight. Leslie earned her BA from Yale University, MA from University of New South Wales, and JD from Fordham Law School.
Startups need to brace for fewer seed rounds, harsher terms and more earthly valuations
I’m hearing a 25% to 30% lower valuation as a ‘rule of thumb. Perhaps your valuation was 50% too high when you raised 18 months ago. Valuation isn’t static and as a market we tend to only focus on corrections being ‘crushing’ rather than a reversion to the mean.