BioCentury
ARTICLE | Finance

A CEO's tale

October 25, 2004 7:00 AM UTC

Plain Talk About Valuations

As investors work their venture round calculations back from the valuations that the public equity markets are willing to pay, companies seeking to do later rounds are feeling the pain. This is one CEO's story, though the tales that others could tell would be similar. The names have been omitted and one small detail changed to protect the innocent. ...