This plunge towards VC pessimism will force CEOs to learn a skill which most lack -- the ability to grow fast with a scalable business model. This applies to startups and to public companies -- a case in point is Snap (in which I have no financial interest). In light of the spreading VC chill, I fear for the jobs of CEOs who can't master this skill. JFrog has raised a total of $226.5 million and was valued "way north of $1 billion," according to VentureBeat. But with a mere $350 million in cash, it burned through $159 million worth of free cash flow in the third quarter.

Source: Forbes January 22, 2019 13:31 UTC