, Columnist
More Pain Is Coming for Overpriced Technology Startups
Too many young Silicon Valley companies have raised too much money at valuations that are too high.
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I'm going to spill a dirty secret of technology startup investing. Brace yourselves.
Too many young tech companies have raised too much money, often at unjustifiably high valuations. Not all investors in private companies will make a profit from the bloated pool of startups. There will be (unicorn) blood.