Yes - VC investment is a private market, but a market nonetheless. | Hacker News

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		tomblomfield on July 16, 2014 \| parent \| context \| favorite \| on: YC Portfolio Stats Yes - VC investment is a private market, but a market nonetheless.

jcampbell1 on July 16, 2014 [–]

I assume it is a combination of acquisition price or last VC valuation, or market cap of IPO'd companies (which I don't think there are any). It is a useful number, but calling it "market cap" seems strange to me.

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