There’s a general sense in Silicon Valley that many unicorn companies will not live up to their billion dollar status. According to Morrison & Foerster, more than half of the highly valued startups will still be private in 2016, while 7 percent of those will fail. According to bubble spotter Vikram Mansharamani, the Salesforce Tower and other skyscraper construction sites in San Francisco are indicative that we are in a bubble.
What is really happening and should entrepreneurs be worried in this environment? On a recent Ventured podcast, I spoke with KPCB general partner Randy Komisar about whether or not there’s a tech bubble and the consequences of raising too much capital. Below is a summary of our conversation. Read more: click on image or title.
Get your Free Business Plan Template here: http://bit.l/1aKy7km