But what’s going on right now with early stage company valuations suggests that VCs may be poor judges of at least some of these patterns. Market deviations are driven by a fundamental imbalance between two sides of a marketplace. And we’re seeing a classic case of that now in the venture capital market.

struck in the early days where newspapers would put a little “Tag this article” widget at the end of every story, and in return, they’d get a feed of the keywords used to take the articles, which helped them on search and ad targeting. find that first time CEOs often find themselves doing two things, neither of which is productive.