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Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC

Courtesy: TSVC

, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year.

The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was reaching absurd levels, he said. A company that helps startups raise money had an…

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Swiss artist sculpts sprawling model castle on dried river bank

Swiss artist sculpts sprawling model castle on dried river bank

Hope your Friday night was better than Zach Wilson’s