Founders need to raise "smart" capital amid increased VC funding
- ggstoev
- Sep 12, 2021
- 1 min read
According to #crunchbase, VCs have opened the money floodgate with record capital investments in 1H'2021, globally.
In the midst of a global pandemic, however, most founders appear to be searching not for longer runways but for "smart" runaways, e.g. mentoring, assistance with product strategies, hiring the right talent, or just having an honest soundboard.
And it's not only VC money that is looking to deploy more capital. On a recent flight from San Francisco to Copenhagen, a significant endowment fund was en route to Scandinavia to scout for investment opportunities. First time in Europe. Add to this Private Equity firms, hedge funds, and the place is getting crowded.
Shouldn't someone sound the alarm here? Or am I too alarmed?
To all founders out there - make sure you take "smart" capital and the expertise from an industry leader. Unless you stash the extra $$$ under the mattress for rainy days.
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