Semil(@semil):Many VCs discuss current parallels to 2021 heat. From @ttunguz: "In 2021, I wrote about the 100x ARR multiple, a premium valuation for private startups & public companies. Five years later, we’re back at those levels, but the growth underneath is about 3x faster."

Semil

@semil

Investor via @HaystackVC focused on seed-stage investments // Venture Partner w/ @LightspeedVP

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Semil@semil

2026.08.11 16:40

Many VCs discuss current parallels to 2021 heat. From @ttunguz: "In 2021, I wrote about the 100x ARR multiple, a premium valuation for private startups & public companies. Five years later, we’re back at those levels, but the growth underneath is about 3x faster."