VC-backed consumer startups are outperforming enterprise startups at IPOs in this decade, going public more often at higher valuations, compared to the 2000s
On May 10th, ride hailing juggernaut Uber Technologies went public raising $8.1 billion at an initial valuation just over $75 billion. Tweets: @gavinsbaker and @efeng Tweets: Gavin Baker / @gavinsbaker : 1) Excellent analysis by @efeng - highly recommend reading. “enterprise investing is a batting average game, and consumer investing is a slugging percentage game.” https://medium.com/... Eric Feng / @efeng : Personal musings and stats on the hot run of consumer startup IPOs (headlined this year by Uber, Lyft, and Pinterest) and what it means for investors and entrepreneurs: https://medium.com/...