#business
# [[Epistemic status]]
#shower-thought #to-digest
# Changelog
```dataview
TABLE WITHOUT ID file.mtime AS "Last Modified" FROM [[#]]
SORT file.mtime DESC
LIMIT 3
```
# Related
# TODO
> [!TODO] TODO
# Valuation
>The power of planning explains the difficulty of valu ing private companies. When a big company makes an offer to acquire a successful startup, it almost always offers too much or too little: founders only sell when they have no more concrete visions for the company, in which case the ac quirer probably overpaid; definite founders with robust plans don't sell, which means the offer wasn't high enough.
>~ [[Peter Phiel - Zero to One|Peter Phiel]]
# External links