3 Things Bill Gurley Says Every Startup Must Do Right Now | Inc.com
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The tide has gone out pretty quickly when it comes to venture capital rounds for promising tech companies.
And as so-called unicorns--private companies worth more than $1 billion--struggle with lower valuations, less potential investor cash, and more demanding investors in follow-on rounds, it should be a word of warning for startups of all kinds.
So says Bill Gurley, partner at VC firm Benchmark of Menlo Park, California, who on Thursday posted a lengthy blog post on the new world of venture capital investing for startups as he sees it.
He painted a picture that's not very pretty. The environment has changed radically for highly valued uni
3 Things Bill Gurley Says Every Startup Must Do Right Now | Inc.com
CREDIT: Getty Images
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The tide has gone out pretty quickly when it comes to venture capital rounds for promising tech companies.
And as so-called unicorns--private companies worth more than $1 billion--struggle with lower valuations, less potential investor cash, and more demanding investors in follow-on rounds, it should be a word of warning for startups of all kinds.
So says Bill Gurley, partner at VC firm Benchmark of Menlo Park, California, who on Thursday posted a lengthy blog post on the new world of venture capital investing for startups as he sees it.
He painted a picture that's not very pretty. The environment has changed radically for highly valued uni
