Investors are grumbling that a bunch of billion-dollar startups missed big on 2015 revenue
|01/02/2016||Posted by BusinessMediaguide.Com under General World News||
It’s not always easy for startups to generate revenue, even when they’re well-funded and supposedly worth billions of dollars to venture capitalists. But some investors seem to be running out of patience with founders who are still trying to figure out their business models.
Fortune’s Erin Griffith recently wrote about Wall Street falling out of love with billion-dollar “unicorn” startups, in part because the revenue they generated in 2015 didn’t live up to the hype. Griffith says investors have told her that most of the 131 unicorn startups missed their 2015 revenue projections. One also told her the startup CEOs read more >>>
Source : BusinessInsider.Com