A major tech investor says ‘a whole bunch of crazy little companies will disappear’
Michael Moritz, the chairman of Silicon Valley VC firm Sequoia Capital, has a warning for Silicon Valley.
“There are a whole bunch of crazy little companies that will disappear. There are a considerable number of unicorns that will become extinct,” Moritz said in an interview with The Times of London. “There are also a good number that will flourish.