It certainly feels a bit ponzi-ish to me. Historically it feels like you raised funds by IPO-ing immediately and going from there. With VC, it seems like the plan is "waste VC money until we IPO, and then it the public's problem, not ours", and everyone who can realistically make money exits.
I suspect a place to start investigating would be to try and find the number of dollars being spent by the VC firms in relation to how many startups go belly-up. It certainly feels like startups are more volatile than ever but I don't have any data proving that.
I suspect a place to start investigating would be to try and find the number of dollars being spent by the VC firms in relation to how many startups go belly-up. It certainly feels like startups are more volatile than ever but I don't have any data proving that.