News From Yellow Business Pages » Wired: Top Stories » VCs Put the Brakes on Early-Stage Startups

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Wired: Top Stories

• 

  VCs Put the Brakes on Early-Stage Startups

  Posted: October 31st, 2008, 3:44pm EDT by Betsy Schiffman

  Tags:    [edit]

  Venture capitalists claim the money is still flowing in Silicon Valley, but entrepreneurs say it just ain't so. The only companies that are getting money right now are big, established businesses or startups founded by repeat entrepreneurs. In Silicon Valley, the so-called center of innovation, it now takes more than a good idea to raise a buck.