Startup News: Best Time To Raise Money For Start-Ups

Source: TechCrunch


While VC Financing is going down on one side and both start-ups and VCs prepare for a long cold financial winter, some others - like Paul Graham from Y Combinator - say it would be the best time for start-ups to raise money. To be honest; in my opinion it IS the best time for start-ups now. I absolutely agree with the "Y Combinators". I´ve already seen times like these and I can tell you that the best time for a start-up to seek money and to get raised is now. All the big start-up names like Zillow, Pandora, Zivity, Hi5, etc are cutting cutting costs and firing their employees. So there is not much action to expect from them on one side and on the other side there are excellent employees on the market again. But there is one more positive fact. Not many start-ups are trying to raise money at the moment. So the competition is easy at the moment.