The Silicon Valley local investment circle to the seed-a round of investment in the contraction!

In the café in Kings View last week, a veteran investor told me a few figures and slipped it down: the Silicon Valley venture project was bought or withdrawn in the middle of last year, down 30% from the previous (compared with 2012, 13) 20%+,seed rounds, The success rate of a wheel in the Angel project is 10%.

While lying down and preparing for bed, he brushed into a god-spit (ping) slot (LUN) that was posted on Twitter a few minutes ago by Dave McClure, founder of startup. A lot of swearing, presumably, is that Silicon Valley's initial funding is already bothering to get more and more money off the project. Want to start a business, please insist;

36 Krypton's senior reader, into the 36 Krypton Silicon Valley Open Day demo Project Polarr founder Liang Xiao Cheese first time sent a Passion translation, po several you feel. As a simple and crude Silicon Valley entrepreneur and the typical rational technical man, Liang said he tried to keep the original PO mood and quite able to understand the emotion itself (the original translation posted, no PS Beauty traces):

1, now (entrepreneurial) may not be a bubble, but I fucking want to spit (Silicon Valley) Price is too fucking expensive! Kneel down!
3. The current environment may not be a bubble (perhaps for a while), but investors in the valley are prepared to lose money.
4, 1 million to 10 million of the exit is also very fucked, the founder may get a 1 million dry, but the year to 500 to 10 million valuation investment angel investors will lose the home do not know.
10, you may not intentionally 艹 your small investors, but the person who buys you is forced intentionally.
11. Do you know how I know? Because it happened too many times! Over the past few years, there have been more than 10 20 such small withdrawals or low acquisitions.

This wave of so-called bubbles, in the early year of the Silicon Valley produced a small shock.

In fact, at the end of last year, the overall data on Silicon Valley investment and financing, the second half of the start-up companies fell to 2011 years of volume level, especially the seed wheel investment decline is obvious (from the focus on the start-up of professional institutions Mattermark Research report). Predictably, the financing of the Silicon Valley seed to a round will continue to shrink this year.

Project Homogenization and the decline in innovation will be a phenomenon, but it does not affect the best "change the world" of the absolute numbers. This side can be generally accepted that a statement is: More and more LP in the Angel Wheel by various items of various pitch toss to dazzle, and suddenly be found a round of the success rate only 10% of the number shock to return to the rational investment behavior, a step forward into a round of market. This is more like a "bubble adjustment" in Silicon Valley angel investment.