Earlier this week GRP Parter VC and VC blogger Mark Suster gave the keynote talk at Founder's Showcase on "Getting Funded In A Frothy Market." Suster began the keynote with the declarative statement that we're in a bubble, "We?re in a bubble, you can quote me on that and I generally haven?t been saying that publicly," he affirmed. Suster went on to refer to the uniqueness of this particular period of exuberance, in that it's localized, "If you're in Cleveland, Ohio you don't particularly feel like there's a bubble," but right now the usual 3-5 months it takes to raise capital have been distilled down to 3-5 days for startups in Silicon Valley, New York and L.A.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/1lpDlKXMIMU/
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