Venture capital at a 12-month low
https://techcrunch.com/2022/05/06/the-venture-slowdown-isnt-coming-its-here/
Venture capitalists have been making it rain lately, but sounds like that's changing. Long live bootstrapping 😅
Venture capitalists have been making it rain lately, but sounds like that's changing. Long live bootstrapping 😅
This is for the better. We don't need VC firms pumping up projects that don't have any customers and don't have potential i.e. these firms are tax write offs. It's tough, because I'm glad people are getting to pursue their projects with other peoples money, but at the same time I think it gives these entrepreneurs false delusions of success.
Agreed!
Glad I haven't been putting my eggs in that basket.