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Revolut investor cuts book value by 40%

ft.com

2 points by batmenace 3 years ago · 1 comment

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not_your_vase 3 years ago

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

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