Friday, February 20, 2015

Investors Create a Billion-Dollar-Baby Boom - NYTimes.com

Excerpt from a "unicorn" mentality reality check; for a handy index, see The Billion Dollar Startup Club (WSJ)
"“The grand experiment that we are running right now is, Can you cram hundreds of millions of dollars into 80 or 90 different private companies and have it end up well?” said Bill Gurley, a partner at the venture capital firm Benchmark who is also an investor in and one of the most vocal proponents of Uber.

He added: “For some, I think it will end badly.”"
Investors Create a Billion-Dollar-Baby Boom - NYTimes.com
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