Everyone is talking about higher valuations in VC in 2021. At @HustleFundVC, we looked at over 3k US Pre-seed deals to better understand if it's true and what's behind it. Let's Go! #VC #startups
Well, it's true (I know, anticlimactic). Valuations are up 55% from pandemic lows (I'm using a 4-week moving average, so the drop and rebound are a little delayed). 
What's driving this? Comprehensive increase in valuations. The distribution of valuations has shifted to the right of $10m. However, 10m+ valuations are still the minority of deals we see.
Not all valuations are rising at the same rate. There is a consumer boom - consumer startups are raising at levels far closer to those of enterprise startups.
And companies that have built something are seeing a larger increase in valuations than companies that have built nothing (although all are up across the board)
More on what matters when it comes to valuation next time, and let me know if there is anything else you want to see!
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