With the performance of the public markets looking like an EKG read-out, I’ve been asked frequently in the past two weeks what effect this will have on the venture financing market. How tied are private company valuations to the public markets? If you’re planning on raising money in a few months would it be better to go out now or better to keep your original plans? Should companies be altering their cash burn projections to become more capital efficient in the face of potential funding challenges? Here are a few thoughts: Generally it takes some time for public market declines to make their way down to the venture market. And while I’m sure you have an opinion about the current…
Archives / August, 2011
Doing the right thing
One of my favorite services is unsubscribe.com. It’s a gmail plug-in that with one click lets you rid your inbox of unwanted newsletters. I recently analogized newsletters to tending a garden. You have to stay on top of the weeds or they get out of control. Unsubscribe.com lets you do that. With this as a backdrop, I was pretty surprised to receive the following in my inbox last week: Thank you for being one of our paying customers, your trust and support helped propel us to where we are today. With that being said, I’m excited to tell you that beginning yesterday, August 4th, 2011, we have made our full suite of products (Email Unsubscribe and Social Monitor) completely free, which…