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One of the VC-funded businesses we all knew would fail has finally failed, is this an early indicator of a market correction?
by joegosse 9y ago
One of the VC-funded businesses we all knew would fail has finally failed, is this an early indicator of a market correction?
- xenity7 9y agoI don't think so, because an idea this obviously silly should fail under almost any market conditions.
- arzt 9y agoIt's an indicator that the market needs to be more discerning about consumer needs. There is a lot of dry powder waiting to be deployed in the VC industry, so expect to see more specious stuff get funded until LPs decide that they can generate returns elsewhere.