For the $500-800k raised that is still popular, "OK" was a $2M pre valuation and "amazing" would have been $5M.
The $10M valuations today for $500-800k (if there are any) are definitely in the "amazing" range, so it's somewhere around a 2x increase.
That could definitely be explained by a more mature set of companies, or companies attacking larger problems.
For the $500-800k raised that is still popular, "OK" was a $2M pre valuation and "amazing" would have been $5M.
The $10M valuations today for $500-800k (if there are any) are definitely in the "amazing" range, so it's somewhere around a 2x increase.
That could definitely be explained by a more mature set of companies, or companies attacking larger problems.