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Yes, 100%. Nobody wants to risk their business on empty promises from a VC with a poor track record, even if they're offering inflated valuations.
by avarun 7y ago
Yes, 100%. Nobody wants to risk their business on empty promises from a VC with a poor track record, even if they're offering inflated valuations.
- aguyfromnb 7y ago>Nobody wants to risk their business The business most of these startups are in is burning venture capital.
- sobani 7y agoThat only works if you can actually get that money. If you don't trust a VC to actually give you the money they promised it's wiser to go with one you can.
- jariel 7y agoNobody is walking away from SoftBank, and they don't have a poor track record. They're a major upstart, and will be around probably for quite some time. At least until a crash, probably longer. There are very few players in town willing and able to bankroll what used to be IPO level funding. It's a new category of investing they've created, and they are still the leader.