Re:The Stock Market Is Shrinking
by chrisco255 on Sunday August 05, 2018 @01:51PM
(#17692507)
Some of this can be attributed to the relatively few opportunities raising money last year. Some of it is due to uncapped raises, which should not be done, in my opinion.
If everybody suddenly has a chance to invest in a round, investors will compete on price, bidding up those early-stage valuations and compressing future returns.