Where Did All the Money Go?
Tom-Blog
Are you thinking of raising capital right now? Already in the process? We are. As a quick background, we've raised over $11.5 million since our company's inception and are raising another large chunk to fuel rapid growth. Luckily, its going great, but I have seen the entire venture market transform before my eyes.
VCs are either not investing and waiting "for the other shoe to drop" or are investing but demanding incredibly low valuations. I guess it's their right, since money is tighter now than it ever has. But it begs the question -- how do you raise capital in a down economy?