IPOBoutique Brief 1.22.2015 – “Failure is Coming”
Fortune quotes a partner at venture capitalist Benchmark, Bill Gurley, in their February cover story: “I think you’re going to see a lot of failure in 2015.” The idea that tech start-ups can have a $1b valuation relatively easy is head scratching to some money-managers. The downfalls of repeated rounds of funding is laid out[…]