Valuation Strategy

Nov 25, 2025

Reddit waited 20 years to IPO. Here's how they knew the window was opening.

Macro timing beats company readiness. Today's clue - patience + perfect signals.

Nov 24, 2025

How Stripe solved the liquidity crisis with a 32% valuation haircut

What breaks the VC liquidity logjam first? Today: Why manufactured liquidity beats waiting for perfect exits.