Stock Market Drops. Then It Rallies. What Happens Next for Funding?
Both Sides of the Table
AUGUST 9, 2011
Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. The parallels to the music industry are too obvious even though the industry players, the medium and the cost structures are different. Companies raised too much money in 2005-08 and had high burn rates.
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