Start Me Up
Seed Stage Slaughter
For the techies prowling around and anxiously consuming bagels on the second floor of the McGraw Hill building on Wednesday, today was the culmination of an entire summer spent programming their keen little faces off: finally, the Dreamit New York 2013 Demo Day had arrived.
At the Bloomberg Empowered Entrepreneur conference, talk of seed stage slaughter was in the air.
“A lot of seed stage startups are going to die,” said Jeff Clavier. “An enormous amount were funded over the last two years, and the money is not there now to support them in the next round.”
Lerer ventures Eric Read More