Facebook investors: Silicon Valley startups get too much investment

Sina Science and technology news Beijing time November 16 afternoon, Facebook early investors Parker (Sean Parker) and Jim Breye (Jim Breyer) at the Techonomy conference in Tuesday criticized Silicon Valley start-up companies to get too much investment. Breyer is a partner with Accel Partners at the US venture capital, and Parker is a general partner of the U.S. investment fund founders Fun.　　The two are now focusing on other markets rather than investing in American social-media start-ups. The 31-Year-old Parker, who founded the music-sharing service in 1999, said: "These small startups are getting too much money." Many early investors voted almost anything.　　According to the US Venture Capital Association, the first stage of total U.S. investment in the third quarter of this year rose 68% to $1.6 billion trillion, compared with a total increase of 31% to $6.95 billion in the same period. Parker is an investor at Spotify, a European online music service provider.　　He recently co-founded a airtime venture with Napster co-founder Fanning Shawn Fanning, claiming that people can "find each other without meeting." Breyer, 50, led Accel's investment in Facebook in 2005 and bought a 15% stake in Facebook at a 100 million dollar valuation. Breyer also joined the Facebook board.　　Facebook is currently valued at $76 billion sharespost on unlisted stock exchanges. Breyer is focusing on investment opportunities outside Silicon Valley, including overseas investment.　　Accel has raised about 2 billion dollars this year for U.S. and Chinese investment funds. Breyer said: "The best opportunities are not necessarily in Paroorto, Cambridge, Massachusetts or Manhattan." Opportunities are global and may even be in rural areas of Brazil. "(Ding Macro)