Many Recently Public Companies Worth Less Than The Private Capital They Raised

Many venture-backed companies that went public last year have created little value beyond the capital invested in them. Some are even worth less than the capital they raised.

That’s the finding from our review of valuations for recently public companies that were among the largest recipients of venture funding. Most are companies that took the SPAC route to market when mergers with blank-check acquirers were all the rage last year. READ MORE