By Andy Gordon I’ve always been a big fundamentals guy. Unlike Silicon Valley, I’ve always preferred smart growth to dumb hypergrowth.
So what I’m about to tell you might shock you…
Silicon Valley investors have gone too far in trying to make up for their sins. They want to see profits NOW. And they’re not investing if they don’t.
In what world do venture capitalists (VCs) refuse to fund early-stage companies growing 30% every month? It’s happening right now in the San Francisco Bay Area.
Companies in the midst of Series A or Series B raises had better be profitable or anticipating profitability. Otherwise, the VCs won’t …read more
