You are here

Bubble may be looming in mobile startup market

Companies that would have received US$8m to US$10m in investments a few years ago are now getting as much as US$50m
Wednesday, September 9, 2015 - 05:50

Portland

THE number of mobile Internet startups with valuations crossing US$1 billion has jumped by a third in just eight months and that's spelling trouble for some venture capitalists looking to cash in on their investments.

Already, there are signs of worsening returns. The

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom