Being a highly-prized unicorn can be tough. Alan Patricof, co-founder of venture capital firm Greycroft Partners, said there could be troubled times ahead for startups that have so far been much loved by flush investors. When these unicorns that have only one exit opportunity, which is to go public, when they get to a certain price, the number…
Author: Dwayne Nesmith
What’s in a number?
$1 billion. Yes, that’s a big number, but it’s not as valuable as $1 billion was in 1999 or even last year, so why the special name for private companies reaching this valuation? Brad Feld suggests the push for a billion dollar valuation may not be the best way to create long term value and may very well leave the employees and investors with much less
Cargo Chief Banks $10 Million in Latest Round
Cargo Chief, a Merita Consulting client, closed $10 million in funding from Walden Venture Capital, Hunt Technology Ventures and the GrowthX Fund. “This round of funding will accelerate the continued development of our intelligent platform and bolster our sales and marketing,