[New post] Venture capital cash surfers may see waves recede in market turmoil

sskarthik posted: "By Sarah McBride and Heather Somerville SAN FRANCISCO (Reuters) - The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more t" Respond to this post by replying above this line New post on SKarthik.info Venture capital cash surfers may see waves recede in market turmoil by sskarthik By Sarah McBride and Heather Somerville SAN FRANCISCO (Reuters) - The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public. Investors have created 132 privately held companies valued at $1 billion or more each, according to tracker firm CB Insights, including ride-hailing service Uber [UBER.UL], accommodation service Airbnb and messaging app Snapchat. In the last couple of years, the biggest VC-backed firms, dubbed "unicorns" in 2013 by venture capitalist Aileen Lee of Cowboy Ventures, raised increasing amounts of money at a rapid pace. Read more... sskarthik | August 31, 2015 at 10:55 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3hQb Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/31/venture-capital-cash-surfers-may-see-waves-recede-in-market-turmoil-2/ Thanks for flying with WordPress.com