> It also lends credibility to the 'not a bubble' discussions if stage C investors are showing restraint but that is a different discussion.
Yes, It's Not a Bubble(TM) if companies with significant and obvious legal risk are only raising $30+ million Series Bs but not $100+ million Series Cs.
Oh wait[1][2].
Employment class action attorneys couldn't have designed companies more vulnerable to lawsuits if they tried. Some of these VCs should have just written checks directly to the class action attorneys.
Yes, It's Not a Bubble(TM) if companies with significant and obvious legal risk are only raising $30+ million Series Bs but not $100+ million Series Cs.
Oh wait[1][2].
Employment class action attorneys couldn't have designed companies more vulnerable to lawsuits if they tried. Some of these VCs should have just written checks directly to the class action attorneys.
[1] http://www.businessinsider.com/instacart-raised-220-million-...
[2] http://time.com/3748438/instacart-lawsuit/