Revolut investor cuts book value by 40%

by batmenaceon 6/16/2023, 9:18 AMwith 1 comments

by not_your_vaseon 6/16/2023, 9:41 AM

https://archive.is/a47Rf

> Tech companies that secured stunning valuations during the coronavirus pandemic, when rates were low and cash was cheap, have faced a reckoning ...

While there was a valuation inflation during the pandemic, the last wave of valuing tech companies at ridiculously high values started like a decade earlier