What We Are Seeing. The Wall Street Journal has a story out today that says "Web Startups Hit Cash Crunch.
" There has been a fair bit of reaction in the tech blogs and I thought I'd toss into the discussion some things we are seeing: 1) There are so many startups out there raising money. Geography. Revenue Based Financing. Back when we were doing our MBA Monday series on Financing Options For Startups, I got an email from my friend Andy Sack.
Andy was one of the first entrepreneurs we funded by in the mid 90s with our Flatiron Fund. He's done something like a half dozen startups since then and he's a veteran in the very best sense of the word. What Cash Crunch? Khosla Ventures Closes Another $1 Billion Fund. There may or may not be a cash crunch in Silicon Valley, but if you are Vinod Khosla you don’t have to worry about it.
His venture firm Khosla Ventures just closed a new $1 billion fund (Khosla Ventures IV), which we first reported was in the works last May. (He raised $1.05 billion, to be exact). His portfolio is half cleantech and half Internet/mobile, and he plans on keeping it that way.