There's a reckoning coming in terms of valuations, responsibility of founders & VCs is to manage momentum in new climate #UpfrontSummit— Benoit Wirz (@bthewirz) February 3, 2016
Important job for a venture-backed founder: Managing momentum. Key observation from @glennsolomon #UpfrontSummit pic.twitter.com/AEp4u7G1Sd— Roger Ehrenberg (@infoarbitrage) February 3, 2016
"The companies that you see announcing layoffs in TechCrunch right now are the smart ones." Josh Stein DFJ at #UpFrontSummit— Bill Gross (@Bill_Gross) February 3, 2016
"The co's in @TechCrunch cutting burn today & r still alive a month frm now r much more likely smart than impaired" @dfjjosh #UpfrontSummit— Jim Andelman (@jimandelman) February 3, 2016
"Don't raise out of need, raise out of opportunity; wait a couple quarters if you can" #UpFrontSummit— Shruti Gandhi (@atShruti) February 3, 2016
"Now is the time make sure you want to raise money out of opportunity, not out of need." Josh Stein DFJ at #UpFrontSummit— Bill Gross (@Bill_Gross) February 3, 2016
Make sure your next VC raise isn't out of need, ideally via cost-cutting & fundraising, but maybe too late for new $ #UpfrontSummit— Benoit Wirz (@bthewirz) February 3, 2016
We have an expression at DFJ that is, "A1 is the new B." We invest flat to last round, & people are open to it. Josh Stein at #UpfrontSummit— Bill Gross (@Bill_Gross) February 3, 2016
@ #UpFrontSummit, Later Stage Funding Panel, @neil_sequeira on winter that is coming, "If you don't have a real business model, you're dead"— Ed Ruth (@edruthless) February 3, 2016
Inside rounds are back "Series A-1 is new Series B" but tougher for later stage companies funded by non-institutional VCs #UpfrontSummit— Benoit Wirz (@bthewirz) February 3, 2016
At #UpfrontSummit listening to a great VC panel on current late stage investing trends, moderated by @samangus— Kristine Di Bacco (@kdibacco) February 3, 2016
"Now is the time make sure you want to raise money out of opportunity, not out of need." @dfjJosh @dfjVC #UpFrontSummit— DFJ Venture Capital (@DFJvc) February 4, 2016
"We have an expression @DFJvc that is, "A1 is the new B." We invest flat to last round, & people are open to it." @dfjJosh #UpfrontSummit— DFJ Venture Capital (@DFJvc) February 4, 2016