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I wouldn't say unproductive. Some of these companies will continue without further funding. A lot of the ones that don't will have broken new ground, educated t
by robryan 14y ago
I wouldn't say unproductive. Some of these companies will continue without further funding. A lot of the ones that don't will have broken new ground, educated themselves further for another go or are ending up at a big company either just as an aquihire or actually selling assets to the company.
- jpdoctor 14y ago> either just as an aquihire I think if there is an 80% death rate, then nobody has to worry about aquihire deals: Companies will simply go back to normal hiring.
- robryan 14y agoI don't think so. Of the companies that fail at series a, a small portion of them will be most desirable for big companies and will get aquihired. There will be plenty of super talented teams with great tech that don't get the product market fit or the market turns out to be too small or crowded to get a series a.