Most startups were overvalued before 2021, and now it’s causing problems
Bastian Hasslinger
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Bastian Hasslinger is an investor at Picus Capital. He is building Picus’ Berlin office focusing on early-stage technology ventures.
Under normal circumstances, the higher the valuation of a startup, the better it is for all stakeholders involved. High valuations indicate success and the potential of a business; they attract new customers and new talent; they build a reputation.
And, provided a company’s valuation continues to increase, everyone will benefit.
As such, founders an
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