‘It’s All Just Wild’: Tech Start-Ups Reach a New Peak of Froth
The New York Times
There’s more money and more bubbly behavior. Investors insist it’s rational.
SAN FRANCISCO — How crazy is the money sloshing around in start-up land right now?
It’s so crazy that more than 900 tech start-ups are each worth more than $1 billion. In 2015, 80 seemed like a lot.
It’s so crazy that hot start-ups no longer have to pitch investors for money. The investors are the ones pitching them.
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