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> Some experts suggested the Bay Area’s slump in venture capital funding has contributed to the sluggish job trends in the region’s tech sector. Can safely ign
by platz 10y ago
> Some experts suggested the Bay Area’s slump in venture capital funding has contributed to the sluggish job trends in the region’s tech sector.
Can safely ignore bubbles created by VC funding cash-flow injection and focus on business that bootstrap in a healthy way.
- mcguire 10y ago"During 2016, the VC sector provided $24.9 billion in financing, down 27.6 percent from the $34.4 billion in venture investing in 2015, according to the MoneyTree Report by PricewaterhouseCoopers and CB Insights." $10B and 28% are hard to ignore.
- deleted 10y ago[deleted]
- rubiquity 10y agoCould be that there were very large rounds in 2015 for companies that didn't need to re-raise in 2016?
- ben_jones 10y agoIt goes both ways. The 2016 number could've been bumped by the $3.5B raised by Uber [1]. [1]:https://www.nytimes.com/2016/06/02/technology/uber-investment-saudi-arabia.html?_r=0 https://www.nytimes.com/2016/06/02/technology/uber-investmen...