After 'founder mode', now comes the 'sugar daddy effect', — all about the new catchphrase from Aswath Damodaran
The valuations Guru uses the new catchphrase to explain why Google's venture fund, which backed startups like Uber and Airbnb, worked and that of SAP didn't.The impact of the 'sugar daddy effect' is the easiest to spot in the funding of climate change initiatives, according to Damodaran.

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