Veteran American venture capitalist and B Capital chairman Howard Morgan, who’s also cofounded First Round Capital, among the most successful seed-stage firms globally, believes AI startup valuations are overheated, and warned that many firms are priced too high.
In an exclusive interview with ET, he stressed that avoiding a potential bubble requires disciplined investing and maintaining diversified portfolios.
Morgan explained that venture investing typically follows two paths: buying low and selling high, or buying high and selling higher….
