Why Was Winter in Venture Capital Funding so Short?
Both Sides of the Table
FEBRUARY 6, 2017
This past year was also the year that startup boards also got more disciplined about containing burn rates and pushing for companies to be run more pragmatically. Perhaps this is why the Kuwait Investment Authority put $165 million into Jawbone and Saudi’s PIF put $3.5 billion into Uber. or Walmart buying Jet for $3 billion.
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