"Companies that are built on having lots of users but no real revenues won’t last. That all changes with the downturn”
I like this quote. Notice the sudden change in the vc funding market. The barriers to entry have gone up a bit due to the credit squeeze. Now risk has a different price. It's interesting to see how this cycle repeating. Now all those funded companies that don't convert users into dollar making users are going to get squeezed.
I like this quote. Notice the sudden change in the vc funding market. The barriers to entry have gone up a bit due to the credit squeeze. Now risk has a different price. It's interesting to see how this cycle repeating. Now all those funded companies that don't convert users into dollar making users are going to get squeezed.