Whatever it is it is palpable. A sort of buzz in the Valley that all is not well, and a slight nervousness among entrepreneurs, investors and startup employees as they flit about their day-to-day. We may not be in the middle of an outright private market collapse, but there will definitely be fewer
tigers and monkeys at this year's holiday parties. The fingernail biting is not just caused by the
Series A crunch, which has been
happening for a year, although that is definitely a part of it ("20 percent of companies that have gotten a seed round in the last year will be able to raise a Series A" Sarah Lacy
wrote on Wednesday, aptly comparing the current jostle for venture money to a game of musical chairs).
Source: http://feedproxy.google.com/~r/Techcrunch/~3/EzIdgl-WGEw/
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