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This is not the case. The large amounts of liquidity available means that startups are easier to fund at a given price, but does not automatically have a big im
by frisco 8y ago
This is not the case. The large amounts of liquidity available means that startups are easier to fund at a given price, but does not automatically have a big impact on that equilibrium price, which is driven by venture economics. Thus just raising more / paying more is not an automatically good answer if the venture loss / return rates haven’t changed, which they haven’t.