No Exits. Liquidity Dries Up Even More For VC-Backed Startups In Third Quarter

http://www.techcrunch.com/2008/10/02/no-exits-liquidity-dries-up-even-more-for-vc-backed-startups-in-third-quarter/

by jasonlbaptiste • 18 years ago

20 11 18 years ago

spolsky• 18 years ago

Whine whine. I have an idea. Why not make a product to sell to consumers, instead of making shares to sell to the public?

alecco2• 18 years ago

Well said.

How about downscaling the size. Sites like Twitter could be done by one person and a bit for subcontracting. Sites like Facebook by a team of 10 to 15.

Too much money and too much megabuck sponsored hype. Simple micro startups are still left out even though they are more than viable.

colinplamondon• 18 years ago

There seems to be an almost pathological bias against profitability with a lot of startups.

vaksel• 18 years ago

I think the whole huge employee numbers are just a way for those big companies to justify to their investors their high valuations. "Oh yeah we have 700 employees, so we are a huge company, so 500 mil in VC funding is really not a lot for a huge company like us"

bradgessler• 18 years ago

Sorry but that statement is crap. I'm sure if Twitter could be done by one person, they could. These companies have a LOT more going on than just banging out code.

mpc• 18 years ago

A site like Facebook would be impossible with just 10-15 people. Designing, implementing, and managing something on that scale is an insane amount of work. It probably takes a dozen ops/monitoring people just to keep the thing running.

wschroter• 18 years ago

Not really the point when discussing the investor market. If companies don't have quick exits, the typical venture investor can't make their fund operate.

That said, I do believe building a company that creates value on the basis of selling a profitable product is all that matters.

jamongkad• 18 years ago

Good! now startups will be forced to restructure their business and actually find a way to make real revenue.

No Exits. Liquidity Dries Up Even More For VC-Backed Startups In Third Quarter

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