2010 VC Funding Outlook for Startups – Prepare for Winter (Part 3/3)
Both Sides of the Table
OCTOBER 1, 2009
Consumer spending is 70% of the economy and will continue to be stretched – We can look all we want at tech innovation, VC funding cycles and hot M&A deals, but ultimately growth and therefore investment must be underpinned by revenue. So we loaded up on flat screen TVs, multiple generations of iPods and trips to Hawaii.
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