Entrepreneurs Look to Angels and Micro-VCs for Cash
- Glenn Luinenburg
An article written by Glenn Luinenburg, published by Xconomy on February 5, 2018, discussing trends in funding and practical advice for founders who want to get to the next level.
Excerpt: You don't need me to tell you it's a rough world out there for startups. Venture capitalists have been unusually stingy lately, hanging on to billions of dollars they'd typically be channeling into promising young companies. When those investors do open their wallets, they're shunning risky investments in favor of what the Wall Street Journal called “the upper echelon of highly valued startups” such as Airbnb and WeWork. You could make a good case that these investors are taking the “venture” out of “venture capital.” Read the article.