Viewpoint: Escalating valuations carry risks for startups
A few years ago, I asked a then-current Major League Baseball player if he would consider donating any amount of money to build a batting cage for a school. He declined, saying, “A million dollars isn’t a million dollars anymore.” In other words, a dollar doesn’t go as far as it used to.
The same thought crossed my mind when I recently attended the Venture Atlanta conference, where dozens of hopeful entrepreneurs pitch annually to raise money to fund their startups.
As…
A few years ago, I asked a then-current Major League Baseball player if he would consider donating any amount of money to build a batting cage for a school. He declined, saying, “A million dollars isn’t a million dollars anymore.” In other words, a dollar doesn’t go as far as it used to.
The same thought crossed my mind when I recently attended the Venture Atlanta conference, where dozens of hopeful entrepreneurs pitch annually to raise money to fund their startups.
As… Read MoreAtlanta Business News – Local Atlanta News | Atlanta Business Chronicle