Mazzeo: Cheap capital has muddled follow-on funding as a startup success signal
Matt Mazzeo · 20VC: Lowercase's Matt Mazzeo on Being Chris Sacca's Partner and The 3 KPIs to Successful Investing · Mar 14, 2016 · at 19:59
Matt Mazzeo, Managing Director at Lowercase Capital, discusses the difficulty of evaluating early-stage venture performance during times of abundant market liquidity.
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“Follow on funding is something that today because of the fundraising environment and cheap and cheap access to capital, You're seeing perhaps a little too much exuberance in terms of like the fall on financing. So that, that signal has gotten a little bit muddy, muddied and muddled over the last couple of years.”
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