Venture Capital

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Ever wonder whats happening behind the scene

in an ICO? No more need for Venture capital! Just

a promising team, a white paper and backed by crypto

faith of the early adopters. Is this the future of fund raising?

Should VCs be worried? very worried?

$1,000 tea infuser startup Teforia shuts down

“However, the reality of our business is that it would take a lot more financing and time to educate the market and we simply couldn’t raise the funds required in what is a very difficult time for hardware companies in the smart kitchen space”. Seriously, 11 million dollars is not enough funding? The deck of cards supported by excess venture capital funding collapsed again like another startup Juicero did. If they raised 11M did they have enough sales to support the valuation or it was another bloated tech valuation because of excessive capital available in the VC industry with VCs sprinkling capital and chasing the elusive unicorn!

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