Chip companies getting harder to back
It’s getting harder to fund chip companies.
Venture capitalists say the investment payoffs are lower than they used to be. Few companies go public at $1 billion valuations anymore. Mercury News chip expert Dean Takahashi has a good summary of the sector’s challenges.
This sentiment follows the one expressed by venture firm Sevin Rosen Funds, which returned money to investors last week, saying the investing environment is terrible. Sevin Rosen has focused more on chip and other… Continue Reading