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The companies that were clearly not working, or were burning too much money to be supportable in a down market, got shut down. But my observation of that time tells me that at least half and possibly as much as two/thirds of all venture backed companies that were funded pre-market bust got additional funding rounds done post bust.
So if you run or work in a startup company that is backed by well established venture capital firms, take a brief sigh of relief and then immediately get working on the "leaner, focused, profitable" mantra and drive toward those goals relentlessly.
If, on the other hand, you are just starting a company, or have angels backing you, or are backed by first time venture firms that are not funded by traditional sources, then I think you've got a bigger problem on your hands...
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Common topics in this essay:
- venture capital
- A first time expatriates experience in a joint venture in China
- Business Venture
- Fox Venture Partners
- Joint Venture
- Joint Venture
- STARTUP/SEED STAGE INVESTMENT BY VENTURE CAPITAL
- Venture Capital
- Venture Capital
- Venture capital
- venture capitals
- New Venture
- Venture Capital
- Venture Scouting
- Venture
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