---------- Over the previous decade, investors reportedly plowed $1.3 trillion into startups, many of which were growing quickly and dramatically but had yet to discover viable business models.
---------- By 2018, money-losing startups were going public at the highest rates on record, according to data compiled by one University of Florida finance professor.
---------- In the two years after that, more than 90 percent of billion-dollar U.S. startups were reportedly losing money.
---------- Venture Capitalists Say the Era of Recklessly Burning Cash Is Over.
---------- After a decade of funding theoretical promise and growth at all costs, VCs say careful spending, boring businesses, and solid unit economics are back in style. “We are now in an era of profitability," one said.
---------- “The world has shifted,” said Sheel Mohnot, a San Francisco-based venture capitalist focused on early-stage startups. “We are now in an era of profitability.”
---------- By 2018, money-losing startups were going public at the highest rates on record, according to data compiled by one University of Florida finance professor.
---------- In the two years after that, more than 90 percent of billion-dollar U.S. startups were reportedly losing money.
---------- Venture Capitalists Say the Era of Recklessly Burning Cash Is Over.
---------- After a decade of funding theoretical promise and growth at all costs, VCs say careful spending, boring businesses, and solid unit economics are back in style. “We are now in an era of profitability," one said.
---------- “The world has shifted,” said Sheel Mohnot, a San Francisco-based venture capitalist focused on early-stage startups. “We are now in an era of profitability.”
3 yr. ago
