Among other drivers, venture capital plays a significant role in enabling ventures to grow. According to KPMG, over $254 billion was invested globally via venture capital financing last year. Valuations seem out of control, as data from the aforementioned KPMG report shows that a Series A round in 2010 had, on average, a pre-money valuation of $6 million. In 2018, that number rose to $20 million. Has that much changed in eight years?
