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U.S. startup valuations match Chinese tech giants, Joe Weisenthal notes

U.S. startup valuations match Chinese tech giants, Joe Weisenthal notes
U.S. startup valuations match China tech

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., draws attention to the remarkable valuations of some American startups. According to Weisenthal, certain U.S. startups—with little more than a few founder-authored research papers—are commanding implied private market valuations comparable to those of major Chinese technology companies.

Weisenthal has recently commented on heightened retail participation in major offerings, noting that a potential SpaceX IPO could draw strong involvement from individual investors. He also reported on key inflation data, pointing out that Core PCE inflation rose 0.2 percent in a recent reading, below expectations. These observations follow his broader coverage of valuations and market sentiment.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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