bluesyemre

• If you only focus on the multi-billion dollar valuations of young companies like Pinterest, Uber and Snapchat, you might assume 2013 has been a very good year for tech startups. In reality, it has been more of a bittersweet year. Many early-stage companies struggled to raise a Series A rounds of funding, a phenomenon commonly referred to as the “Series A Crunch,” which for some meant to fight for their survival. Meanwhile, several later-stage companies like Fab and Rdio laid off large portions of their staff to rein in costs.

http://j.mp/19cniIw