Re:Pressure on startups is building with IPOs and sales stal...
by paulpauper on Tuesday July 11, 2017 @10:45AM
(#14744587)
But sales of young companies and initial public offerings haven't been keeping pace with the surge of money going into tech startups since 2014. The cash waterfall that is supposed to rush to venture capital firms and their big moneybags investors is more like a calm stream. This hasn't been a disaster yet, and it may still turn out fine. But pressure is building.
they have been saying this for years.
With Silicon Valley under pressure to make cash back from prior startup investments, more young tech companies will run out of money and die. Already this year, more than a billion dollars of investor money has been wiped out in the closing of tech startups like fitness hardware company Jawbone, food-delivery startup Sprig and messaging app Yik Yak. Expect to hear the colorful term "unicorpse" -- that's a dead startup unicorn -- much more in 2017.
Never even heard of Sprig and Yik Yak. From what I gather, neither were valued above $1 billion.
Instead of the media constantly trying to front-run the crash, why not just wait for it. If it's as obvious and inevitable as the media says it is, we shouldn't have to wait too long.
they have been saying this for years.
With Silicon Valley under pressure to make cash back from prior startup investments, more young tech companies will run out of money and die. Already this year, more than a billion dollars of investor money has been wiped out in the closing of tech startups like fitness hardware company Jawbone, food-delivery startup Sprig and messaging app Yik Yak. Expect to hear the colorful term "unicorpse" -- that's a dead startup unicorn -- much more in 2017.
Never even heard of Sprig and Yik Yak. From what I gather, neither were valued above $1 billion.
Instead of the media constantly trying to front-run the crash, why not just wait for it. If it's as obvious and inevitable as the media says it is, we shouldn't have to wait too long.