A year or two ago, there were warnings that the party was ending in Silicon Valley. “The crazy money is drying up,” one observer claimed. This newspaper cited “growing caution” among venture capitalists. The party may have ended, but it has been followed by a wilder, if more exclusive, after-party. While venture investment overall has been more or less constant over the past few years, slugs of cash have been shovelled into established start-ups.
一兩年前，有人警告稱，矽谷「派對」即將結束。「瘋狂資金正在枯竭，」一位觀察家稱。本報提到了創投圈子中「謹慎情緒加重」。那場派對或許已經結束，但緊接著又有一場更狂熱——可能也更排外的——餘興派對。近幾年，雖然風險投資總量大體保持穩定，但有大量資金流向了那些已經羽翼豐滿的創業企業。
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