Scott Sandell, who has had more than a few billion-dollar exits in his portfolio at New Enterprise Associates, doesn't think we are in a startup valuation bubble.
NEA's head of tech investing, who was ranked No. 8 on Forbes annual Midas List ranking of top VCs, believes that there is some volatility and that not all of the current record number of billion-dollar startups are likely to stay at that lofty valuation. But that doesn't add up to a bubble for Sandell.
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