On the Road to Recap: | Above the Crowd

I think that there has been a shift towards this very formulaic driven growth in enterprise software which is very unhealthy. There is a calculation of well here's my CAC, here's my LTV, here's my payback period, I'm ready to sell, let me hire 50 sales reps and let's push this into the market, and three years down the line all the assumptions that ... See more

Overall, booms and busts in the economy, including in the stock market, have an impact both on the amounts invested by VC firms and on valuations, with later-stage startups getting hit harder. However, the impact is not catastrophic. While startups find it harder to raise capital and find themselves raising at more modest valuations during these ti

... See more