TMC
03-14-2016, 01:47 AM
http://www.businessinsider.com/hbos-silicon-valley-struggles-to-be-realistic-with-crazy-tech-valuations-2016-3
The valuations of startups in Silicon Valley have been so outlandish the past few years that the creators of HBO’s “Silicon Valley” have had to repeatedly swap in new numbers on the fly to make it seem more “realistic.” The show chronicles the struggles of a rag-tag (and lovable) bunch trying to navigate the world of startups. “We were looping in lines to change amounts,” show creator Mike Judge said at a panel on Saturday at the South by Southwest event. Here’s an example. At one point, there was a line where a character claimed to own 10% of gay social network app Grindr. They realized that if the character actually did own that percentage, he’d “be worth like $100 million,” Judge said. They ...
The valuations of startups in Silicon Valley have been so outlandish the past few years that the creators of HBO’s “Silicon Valley” have had to repeatedly swap in new numbers on the fly to make it seem more “realistic.” The show chronicles the struggles of a rag-tag (and lovable) bunch trying to navigate the world of startups. “We were looping in lines to change amounts,” show creator Mike Judge said at a panel on Saturday at the South by Southwest event. Here’s an example. At one point, there was a line where a character claimed to own 10% of gay social network app Grindr. They realized that if the character actually did own that percentage, he’d “be worth like $100 million,” Judge said. They ...