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Partially related: there seems to be a ton of money around. I sold my startup about 18 months ago, and I’m already being contacted by VCs (4 in the past 2/3 mon
by santiagobasulto 6y ago
Partially related: there seems to be a ton of money around. I sold my startup about 18 months ago, and I’m already being contacted by VCs (4 in the past 2/3 months) to see “what we’re working on next”. We’re not even looking to raise money.
Seems like interest rates are very low, and monetary supply is going up in the US. Investors are looking for better alternatives to escape ZIRP. Don’t quote this as financial advice cause I’m no expert, but ill keep betting on BTC.
- PragmaticPulp 6y agoThere is a lot of money floating around, but there has also been a huge explosion of new and aspiring VCs. The number of VCs seems to be growing faster than the number of startups, so VCs are increasingly competitive to get the scoop on potential deals before their competitors. This leads to mass spamming of anyone and everyone who might potentially have a lead. The new trend for aspiring VCs is to source deals and bring them to actual VCs. It’s not uncommon to be hit up by people implying that they have connections to VCs, when in reality they’re just hoping to find a new, unknown deal to bring to a VC firm to build rapport. It’s becoming a numbers game.
- solarkraft 6y agoDoes that mean it's effectively easier to fund a startup nowadays?
- nikivi 6y agoIf idea is good plus you got the skills and you know the right people, yes.
- gregjw 6y agoYeah, debt seems to be really cheap right now and people are making the most of it, lots of acquisitons have been announced recently that I feel wouldn't have without this low interest rate.