Mark Suster of Upfront Ventures comments on the startup industry.
Much has changed in the past four months of the technology startup world and how outsiders value the business. Of course it is too early to predict whether this is a trend or an aberration but the smartest people I know in the industry are predicting the former.
The startup industry may be “resetting”, which does not mean a crash but rather just a resetting of valuations, timescales, winners and losers, capital sources and the relative emphasis of growth rates…