There are storm clouds gathering over Silicon Valley – and it’s more than just El Nino. As a venture capitalist, I see a lot of data points within the private company marketplace. Every Monday, I sit in a room with my partners and we discuss dozens of companies, both portfolio companies as well as those we are considering for investment. When a market turns, we tend to see the signs earlier than the entrepreneurs working on the front lines.
This market? I’d say it has turned.
It is going to be hard (or impossible) for many of today’s startups to raise funds. And I think it will get worse before it gets better. But, hey, my entrepreneurial friend, who ever said it was going to be easy? One of my favorite expressions is: “that which does not kill us makes us stronger.”
So which is it going to be for you? Tougher? Or dead. Read more: click image or title.
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