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Latest news with #RichWong
Bloomberg
4 days ago
- Business
- Bloomberg
About 20% of Tech Startups Worth More Than $1 Billion Will Fail, Accel Says
There are more than 1,000 technology unicorns, meaning venture backed companies worth $1 billion or more, but at least 1 in 5 are likely to fail, Rich Wong, a partner at venture capital firm Accel Partners. 'I think maybe out of that thousand, 20% fully die. The end,' Wong said Thursday at the Bloomberg Tech conference in San Francisco.
Bloomberg
4 days ago
- Business
- Bloomberg
CapitalG's Sturdy & Accel's Wong on the VC Landscape
Venture capitalists Laela Sturdy, Managing Partner at CapitalG and Rich Wong, Partner at Accel share an update on where private capital is flowing and how market volatility is changing the path for exits this year with Bloomberg's Katie Roof at Bloomberg Tech in San Francisco. (Source: Bloomberg)
