Regarding VC: - The VCs who had a normal pace in the previous cycle all made money - These VCs have expanded the size of their funds 3-10 times this cycle and raised funds again, resulting in too much money on hand - But there are not enough good projects, yet they must spend the money, so even projects with a bit of glamour will increase the number of financing rounds and raise their valuations, obtaining money they do not really need.
This article is machine translated
Show original
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content