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August 14, 2011 06:38 pm GMT
AsChris Dixonwraps his conversation withThrillistco-founder andLerer VenturespartnerBen Lerer, Lerer offers his assessment of the present day start-up environment. From his perspective it is a mixed bag. (Note: this was taped before the most recent financial meltdown)"Since we started investing, we've seen a lot more money enter the market . . . so it's tougher to be a seed stage investor because valuations are going up." However, Lerer continues "the advantage for us is that there is more money at the Series A stage and so more of our companies are given a chance to go on and continue."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/kXBHD-hMI2A/
(Founder Stories) Ben Lerer On The Startup Gold Rush
AsChris Dixonwraps his conversation withThrillistco-founder andLerer VenturespartnerBen Lerer, Lerer offers his assessment of the present day start-up environment. From his perspective it is a mixed bag. (Note: this was taped before the most recent financial meltdown)"Since we started investing, we've seen a lot more money enter the market . . . so it's tougher to be a seed stage investor because valuations are going up." However, Lerer continues "the advantage for us is that there is more money at the Series A stage and so more of our companies are given a chance to go on and continue."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/kXBHD-hMI2A/
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