Every year at Upfront we try to analyze the venture markets. We try to look at the sources of capital, the valuations, exits and trends. We use this try to draw some context that informs our funding decisions.
Of course we fund companies in good markets and bad. In venture our goal is to fund companies over a 10-year+ time horizon, which is the time it takes to build truly transformational companies. To do so we need entrepreneurs who can build companies that scale well in booming markets and also control costs appropriate in correcting markets.
