Investors grow wary of Internet startups
Posted: January 21, 2013 at 3:27 a.m.
David Sacks, chairman and chief executive officer of Yammer Inc., (left) speaks during an interview in San Francisco in March. Earlier this month, Sacks said tech startup companies need to do more to prove themselves to attract funding from venture capitalists.
Call it the Facebook effect. Until recently, investors had been all too eager to pour millions into any web startup with rapid growth, regardless of whether it made money or even had plans to do so down the road.
This story is only available from our archives.
Business, Pages 23 on 01/21/2013
(Advertisement)
« Previous Story
Bankruptcy watch
AMITY Kimberly Dawn Payne, 198 Alpine Road, Jan. 14, 2013, Chapter 7. ATKINS Billy E. Darter, P.O. Box 10, Jan. 16, 2013, Chapter 7. Read »
Next Story »
No business section
Because the stock markets were closed for observance of Martin Luther King Jr.’s Birthday holiday, there is no business section in today’s edition. Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.