FALTERING UNICORNS or how disappointments overseas mean start-ups will have to work harder to convince investors

FALTERING UNICORNS or how disappointments overseas mean start-ups will have to work harder to convince investors

The effervescent start-up scene in Silicon Valley has inspired local tech entrepreneurs and heightened expectations in the last couple of years. Investors are looking for fast growth, while entrepreneurs, emboldened, are searching for sweetheart deals for early stage investments to finance the burn required for such growth. While we have yet to witness a local Unicorn, there have been a couple of notable investments last year (notably SmartBill, Marketizator and Vector Watch). (more…)