VCs? We Still Need Those?
from the so-they-say dept
I'm at the DEMO conference in Scottsdale today and tomorrow and since there's plenty of good coverage out there in the press and in blogs, it doesn't seem worth rehashing what everyone's been talking about. The one thing that seems the most interesting to me, however, is the fact that, even while VCs are handing out ridiculous sums of money to certain companies, a good number of the companies presenting at the conference are all bootstrapped to this stage. While it's likely that some of them will score large buckets of cash from the VCs who seem to be hiding under every other table here (seriously, you can't swing your name badge around without clocking a VC in the head -- I tried), it's good to see at least some startups realize that starting up a company doesn't mean "get VC first." Of course, this may have been out of necessity. Many of these companies were born during the past few years when trying to raise money from VCs was a complete waste of time. The question, though, is whether or not things remain this way, or if the VCs are starting to turn their attention back to earlier stage companies again?Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
The quick buck
Biotech companies are increasing their share of high-tech activity, while the computer industry is maturing, and perhaps will take longer to build new products. Is the culture ready for a change?
[ link to this | view in chronology ]
No Subject Given
Hope you are having fun.
[ link to this | view in chronology ]