Valuation

In the world of technology, achieving a billion-dollar valuation has long been considered the ultimate achievement. But as investors no longer pursue the quest for unicorns with the same level of interest, it may be time to revise valuation strategies as well and look for underlying values rather than inflated expectations.

If the rise and fall of Powa Technologies taught us anything, it is that fintech valuations are not always rooted in reality. Powa technologies, once estimated to be worth $2,7 billion collapsed earlier this year. What made this sudden fall from grace possible?