Are we in a tech bubble?
Lou is the founder of The Social Internet Fund which invests in the primary and secondary shares of rapidly growing social and mobile companies. He is also a partner of The Israel Syndicate on Angel List. Lou was previously Wall Street’s first social media analyst, first on his blog, SecondShares, and then at Wedbush Securities, where he was the Managing Director of the Private Shares Group. It was on SecondShares, in March of 2010, that Lou published his original report on Facebook. The report, which predicted that the value of Facebook (then $16 billion) would rise to $100 billion, garnered significant media attention, and lead to his return to Wall Street. Lou has a B.A. from U.C.L.A. and an MBA from The Stanford Graduate School of Business.
Key Take-aways
- There are currently 78 unicorns (companies that reached over $1B valuation) since 2012.
In the previous decade, there were a total of 36 unicorns. - Always look at the full multiple values of potential usage levels of a platform not just the number users.
- Lou is excited to invest more heavily in start-ups founded by Israelis.
