Corporate
Dec. 30, 2000
Ambling Economy
Throughout 1999 and early 2000, startup companies raised money at historically high valuations. Now, there are early signs of an economic slowdown, which could cause operating results in many of these companies to miss the business forecasts upon which prior round valuations were based. Anecdotal evidence also suggests a growing stinginess on the part of venture capitalists, particularly in certain business sectors, such as consumer software and services.
Throughout 1999 and early 2000, startup companies raised money at historically high valuations. Now, there are early signs of an economic slowdown, which could cause operating results in many of these companies to miss the business forecasts upon which prior round valuations were based. Anecdotal e...
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