“How to invest at a time of very high valuations: evidently you just keep buying stuff & expect it to keep getting more expensive…”
Just listened to Bloomberg’s Lisa Abromowicz’s latest episode of “Money Undercover“, where she interviewed a number of players in and around the venture capital space.
Frankly, I found their utter confidence to be utterly concerning!
“There’s no questions that valuations are high across the spectrum, but, again, you know, we see that as an opportunity, we at Comcast Ventures see that as an opportunity, because we are increasingly able to bring more than money to the table.”
“I do think that you’ll see those valuations moderate to some extent in the next year.”
Does that mean a washout of some companies folding up, or consolidating?
“No, not necessarily, I think it probably suggests that you’re going to have companies that sort of focus more on keeping their heads down and realizing margins that result in profitable growth.”
Are there any areas where you are completely avoiding startups?
“Nothing that we’re avoiding, but we’re certainly seeing a lot that we’re excited about.”