Tech companies have built up their businesses over the last two years, spending enormous amounts of capital in anticipation of greater post-pandemic demand. But that demand has failed to materialize,…
Tag: Venture Capital
Silicon Valley Gives Startups Survival Advice
Many Silicon Valley investors are giving the startups that they helped fund advice for a prolonged downturn, according to an article in The Wall Street Journal. Lightspeed Venture Partners, Craft…
Mutual Fund Unicorn Investment Backfires
The attempt by mutual funds to beat benchmarks by investing heavily in unicorns—private companies worth more than $1 billion—has been disappointing as “newly public companies are being forced to mark…