Technology Valuation: Like Sorting Diamonds
Ever gone shopping for diamonds? Then you’re probably familiar with the “4Cs” of diamond quality: color, clarity, cut and carat weight. Thanks to the GIA (Gemological Institute of America), these 4Cs are the globally accepted standard for judging diamond quality. As the GIA website states, the acceptance of the 4Cs as the standard meant that “diamond quality could be communicated in a universal language, and diamond customers could now know exactly what they were about to purchase.”