Venture capitalist Marc Andreessen (Image via Wikipedia)
That sucking sound emanating from Sand Hill Road signals a dramatic drop in VC funding levels for tech companies as venture capitalists have begun reshaping their investment strategies because—and does this phrase sound familiar?—too much money was chasing too few great ideas.
Oh, the irony of it all: the very same venture brahmins who would fire without hesitation a start-up CEO for exhibiting signs of thoughtlessness, rash....