Lately, a lot of startups have closed their doors because they've run out of cash. Investors are less willing to give them money now than they were one year ago, thanks in part to Facebook's disappointing IPO. This inability to raise millions of dollars needed to take a startup from an idea to a growing venture is known as the Series A Crunch. How bad has the Series A Crunch gotten? Awful, one New York investor told us.
To read the full, original article click on this link: Investors on the startup cash crunch - Business Insider