Bengaluru: Startups have been raising multiple rounds of capital in quick succession at increasingly higher valuations. Investors are chasing startups that don’t generate any revenue—at least not yet—and market share is the preferred investment metric, not unit economics. Is another hyper-funding wave around the corner for startups?
Increasingly, this year is resembling 2014, when a handful of relatively mature startups raised huge sums. That year was followed by a broader hyper-funding wave in 2015 when it seemed that all you needed to raise cash was a degree from a top engineering college and the word “hyperlocal”, which was the flavour of the day then, in your investor pitch.
Investors have already struck 18 deals of $100 million or more this year compared with 22
Read Original : Startups celebrate as funding boom returns