Venture capital on the horns of a dilemma about startup unicorns
by Suzanne McGee from on (#1ATBD)
Venture capital companies are pouring cash into new tech companies but there are worrying signs the boom is turning to bust
Startup culture is now so embedded in our life it seems almost impossible to imagine life without it. Everyone wants a bit of that entrepreneurial magic these days. Even among the big companies, it's in with the cereal stations, for those all-day millennial breakfasts, and out with the ties, as everyone competes for the coolest office. But there are worrying signs that all is not well in startup land.
After a lengthy boom, the financing climate is starting to shift, and startups face an even harder time convincing venture capitalists to loosen the purse strings.