加入 getAbstract 阅读摘要

More Start-Ups Have an Unfamiliar Message for Venture Capitalists: Get Lost

加入 getAbstract 阅读摘要

More Start-Ups Have an Unfamiliar Message for Venture Capitalists: Get Lost

The New York Times,

5 分钟阅读
5 个要点速记
音频和文本

看看什么内容？

A small but growing cohort of entrepreneurs is ditching venture capital financing. 

自动生成的音频
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
自动生成的音频

Editorial Rating

8

Qualities

  • Eye Opening
  • Concrete Examples
  • Insider's Take

Recommendation

For years, start-ups of all stripes have been eager to fork over a chunk of equity for a hefty round of superstar venture capital (VC) financing. But today, according to financial journalist Erin Griffith, entrepreneurs are beginning to scrap that dream. They are rejecting offers of millions of dollars in VC funding dangled before them. Instead, founders are turning to new, alternative investment arrangements that give them more control. This intriguing look at a new generation of tycoons will interest financiers and entrepreneurs across all industries.

Summary

The odds of success are long for rapidly growing new businesses. Thus, in a “winner-take-all model,” venture capital (VC) investors typically put money into a large number of start-ups in the hopes that huge profits from a few successes will make up for numerous failures. VC firms dominate the financing of fledging entrepreneurs. VC investments grew to $99.5 billion in 2018, the most since 2000. Companies in VC portfolios include the usual suspects in the technology industry and a growing range of firms developing digital applications for businesses such as farming, health...

About the Author

Erin Griffith is a New York Times journalist reporting on technology and venture capital.

Comment on this summary