In the past decade, startups valuation has skyrocketed. Grab at $14 billion, Twitter at $23 billion, Uber at $53 billion and Didi at $56 billion. Why are tech startups valued at billions of dollars so quickly in the past decade and does this ring any resemblance of the dot-com boom? We speak to Tariq Dennison, wealth manager at GFM Asset Management at Hong Kong to understand the mechanics on how startups are valued.