THE CALIFORNIA ECONOMIC BOOM AND VC MONEY DISCONNECT. Shopping bags everywhere from throngs of tourists in San Francisco, record stock market, over-ask bids on houses (including Mark Zuckerman paying 14 M USD for a 4 M home!); but I have met with SME CEOs who have been unable to raise capital. Most memorable was a Stanford microchip diagnostics company with stellar technology, top experts, 19 patents, who have been flat out of luck trying to raise Series A. They are asking me for help accessing overseas partners. There is a deceptive economic boom in California.
linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022