The Real Reason "Stupid" Startups Raise So Much Money-Nir&Far-Episode#49

Have you noticed all the startups raising massive sums of money recently? Perhaps you've scratched your head wondering how a company like Buzzfeed, known for its website full of animated gifs, listicles and quizzes, just raised $50 million dollars, valuing the company at a reported $850 million. Snapchat, the messaging app known for helping teenagers sext one another, reportedly received a $10 billion valuation from its investors. Has the world gone mad? Some industry watchers see the recent boom in seemingly trivial apps and websites as foretelling tech bubble 2.0. However, there's much more to the story. Our knee-jerk reaction to classify innovation as either important or frivolous is exactly why many are left aghast when previously dismissed companies reveal shocking valuations in ridiculous investment rounds. You can read the Nir and Far blog post on: The Real Reason "Stupid" Startups Raise So Much Money Nir & Far, a podcast about business, behaviour and the brain by Nir Eyal. If you enjoy this podcast, please

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The Real Reason "Stupid" Startups Raise So Much Money-Nir&Far-Episode#49 is an episode from Nir And Far: Business, Behaviour and the Brain.

This episode is 05:58 long.

This episode was published on Mar 26, 2018.

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