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. With nearly 2/3rd of all VCs citing cost-cutting in 2016 as the norm — this is a clear indication that winter made an appearance. or Walmart buying Jet for $3 billion.
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