A bunch of great startups will get caught in post-money traps and go to 0 or get sold for parts in this environment.
They raised at high valuations in the past 12-18 months, and now their prospects for next 12 months are bleak.
That sucks. Pisses me off for them.
They raised at high valuations in the past 12-18 months, and now their prospects for next 12 months are bleak.
That sucks. Pisses me off for them.
I also believe a bunch of entrepreneurs will see those winddowns as opportunities. Opportunities to start very similar businesses to those mentioned above, with healthier cap structures, and "better" timing. To put it bluntly, basically copying those roadmaps.
Reminds me of a period a few yrs ago, less true today, when a number of entrepreneurs were taking a company/product that worked in the North American market and simply copying it in other geos.
