Looks like recession is here or just knocking at the door! Fund raising is not as easy as before where anyone who has a pulse can get VC $$$
What are the next companies to go bankrupt?
- Citibank Ht09q7This has nothing to do with a recession. This is an admission by Ford that the strategy of throwing money at an idea without turning a profit is ending. Many investors/VCs are going to make similar decisions this year. This should scare money losing ventures more than a recession.