Start-Ups Stockpile Funding for Harder Times to Come
Silicon Valley has more money than it knows what to do with these days, leaving venture capitalists and other investors practically begging elite start-ups to take their cash. And the entrepreneurs are happy to oblige.
With young start-ups receiving lofty valuations – and with conflicts around the globe stoking fears of a market correction – some entrepreneurs say worries about a possible downturn are partly why they are stocking up on financing, essentially taking out insurance on the risk of lean times ahead.
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