3min chapter

Panic with Friends - Howard Lindzon cover image

Jeff Richards of GGV Capital on Finding Growth in the Current Market Malaise (EP.253)

Panic with Friends - Howard Lindzon

CHAPTER

The Importance of Capital in Startups

Matt Yellin: Instagram and WhatsApp were role models, but the message got lost. He says there was this illusion that you needed a lot of capital to build these types of companies. Soft banks out of the market; founders realized they don't really want to go raise a billion dollars he says.Yellin: People sort of lost perspective on is our capital being spent wisely.

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