new valuation threshold since there are too many “unicorns”
I (PMM, not SWE) get hit up by a lot of “#unicorn” companies with $1-2B valuations, after researching them more, I don’t see a strong exit path for a lot of them, some are in such a crowded area (HR and Martech solutions, API/SDK platforms) that even acquisition seems to be a long shot. And just a