A Dry Market
So the capital market is pretty dry right now but don’t let this hold you back. A friend of mine, Jeevan P. coined the term “me7″ companies. He says that in a hard environment only great companies will get funded and me7 companies that like to play the follow me game are left on their asses. I tend to agree. There is always money around for great ideas and great people. There isn’t money around for followers and crap. In a bubble sometimes there is and that’s what causes issues. Corrections are a part of life. If you are a young startup, don’t fear, you may be diluted or not have great terms but money is out there. Later stage companies will feel the pinch more since PE funds and the like are taking a beating and the public market sucks.
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