Sequoia Capital - New Realities in Venture Capital
October 10th, 2008 | by dhelmreich |Hey Web 2.0 startups without a business model - are you listening?
New Realities:
- $15M Raise @ $100M Post is gone
- Series B/C will be smaller raises
- Customer uptake will be slower
- Cuts are a MUST
- Need to become cash flow positive.
