Despite the rocky nature of the stock market these days, it sure seems like a great time to start a company.
The stories of early stage founders graduating from Y Combinator and TechStars with $8-$10 million pre-money valuations soon after graduation are encouraging. And late stage valuations appear to be equally generous, with LinkedIn trading at a 554x P/E multiple on the day of their IPO.
These seemingly outsized returns are attracting a new group of aspiring entrepreneurs, who often leave MBA programs and business careers to try their luck at a startup. I was one of those people last year, leaving a private equity job to start a consumer-facing company. Here’s some of what I’ve learned in making that transition.
To read the full, original article click on this link: 5 things you should know before starting a company | VentureBeat
Author:Stuart Wall
