Sure. For better or for worse that’s what the paper I cited measured, so that’s why I was using that metric.
If you prefer though: startups have significantly higher fluctuations in valuation than public companies, and presumably valuation captures whatever metrics are relevant.
Sure. For better or for worse that’s what the paper I cited measured, so that’s why I was using that metric.
If you prefer though: startups have significantly higher fluctuations in valuation than public companies, and presumably valuation captures whatever metrics are relevant.