Yet that value may notch even higher this year, to
more than $ 70 billion, as the company is reportedly in talks to receive
more venture capital financing.
Venture -
capital investment activity is
more concentrated in Silicon Valley today than it was in the late 1980s, when personal computers were all the rage, Mark Zuckerberg was but a toddler, and the web browser hadn't
yet been invented.
Huang says the company, which is not
yet profitable and raised $ 132 million in
venture capital from American Express Ventures, Bessemer Venture Partners, DST Global, and others, could have maximized margins and increased savings by reducing staff, but he told the board that he felt the company would be more profitable in the long term if it dedicated itself to its emp
venture capital from American Express Ventures, Bessemer
Venture Partners, DST Global, and others, could have maximized margins and increased savings by reducing staff, but he told the board that he felt the company would be more profitable in the long term if it dedicated itself to its emp
Venture Partners, DST Global, and others, could have maximized margins and increased savings by reducing staff, but he told the board that he felt the company would be
more profitable in the long term if it dedicated itself to its employees.
Precursor Ventures is not
yet a big name in
venture capital, but it's taking on a big mission: Making sure
more entrepreneurs from diverse backgrounds get an equal shot at
venture capital dollars and their Silicon Valley dreams.
Just to take the pulse of the current market, here are two recent ICOs that would have had
more red flags than the Beijing Olympics if assessed by the professional
venture capital community,
yet had astronomically successful ICOs.