Facebook has flopped on the public markets, and now we have vivid evidence of how badly Silicon Valley is reeling in the fallout. Paul Graham, cofounder of Silicon Valley's most important startup incubator, Y Combinator, has sent an email to portfolio companies warning them "bad times" may be ahead. He warns: "The bad performance of the Facebook IPO will hurt the funding market for earlier stage startups. "No one knows yet how much. Possibly only a little. Possibly a lot, if it becomes a vicious circle."
To read the full, original article click on this link: FACEBOOK FALLOUT: Y Combinator's Paul Graham Just Emailed Portfolio Companies Warning Of 'Bad Times' In Silicon Valley - Business Insider
