TechCrunch+ roundup: Overinflated valuations, equity crowdfunding, SCOTUS v. climate tech

My work in early-stage startups focused on operations, so I used Wikipedia to find the formula for calculating a company’s post-money valuation:
PMV = N x P
N = number of shares the company has post-investment
P = price per share at which the investment was made
So, if a company offers a round with 10 million shares and one investor pays $10 million for 1 million shares, that startup now has a post-money valuation of $100 million.
But, to invoke the Norse god of thunder: is it though?
According to Bastian Hasslinger, an investor at Picus Capital, the ongoing market correction sending a

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