Article: These 17 companies achieved $1B+ valuations in 2014 without a murmur of revenue
These 17 companies achieved $1B+ valuations in 2014. And this article gives them all a free pass in terms of revenue let alone profit.
Sound like a bubble? An inside job where VCs convince more gullible VCs something is a good idea? An inside job where a VC gets a banker to do an IPO and fool everyone? Yup.
Note that many of these companies might be perfectly solid. But you sure can’t tell that from this rag.