SaaStr · 2015-11-06
· 3862d
Valuation Jumps in Hot Startups: Handy's $500M Funding and Pricing Strategy
Jason Lemkin addresses how Handy's valuation increased from $168M to $500M in its most recent funding round. Lemkin explains that hot startups with strong runway often set aggressive prices for investors rather than using traditional valuation methods, essentially naming their price and waiting for willing suitors.
Metrics in this report
Current Valuation
500$M
specific
Handy's most recent funding round
Previous Valuation
168$M
specific
Handy's prior funding round
Typical Hot Startup Valuation Multiple
2-2.5x
range
Previous round baseline for hot companies
Valuation Increase Multiple
2.98x
calculated
Handy's valuation jump from $168M to $500M