'Those that raised at huge valuations based primarily on hype or top-line momentum rather than true underlying long-term differentiated value, will likely see a heavy correction in valuation,' explained Ben Wiener, Managing Partner at Jumpspeed Ventures. Speaking about the state of the VC ecosystem following a turbulent year, he joined CTech to discuss what to expect next year. 'What goes up irrationally will come down; many companies ramped up so quickly fueled by cheap, prevalent capital and based on irrational growth plans, that they will have to shed employees,' he continued.

https://www.calcalistech.com/ctechnews/article/s1im1akij

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