Temasek sees no sharp rebound in global startup valuations

Funding for global tech startups should return,even if valuations don't rebound to their 2015 levels as investors press for less inflated values, a senior executive at Singapore state investor Temasek [TEM.UL] said. Lured by a potential market for app-based, on-demand and logistics-heavy businesses, venture capitalists and others have thrown billions of dollars to startups that often need only cash and a working app to enter the fray. "We have seen that slowdown because valuations are adjusting