"The market is ridiculously overcrowded with early stage investors. This results in a talent drain, where the best talent gets diffused and work for their own startups."

3 likes

Source: Sean Parker: 'Little Startups Are Ridiculously Over-Funded'. techcrunch.com. November 15, 2011.

About the author

Sean Parker

Entrepreneur

Sean Parker is a prominent entrepreneur known for co-founding Napster and Facebook, significantly influencing the tech industry.

All quotes by Sean Parker →

Same author

More quotes by Sean Parker

See all →
Sean Parker Entrepreneur

"It would be incredibly presumptuous and self-serving of me to believe that Facebook was the end of history. The only way it could possibly be the end of history is if it becomes some sort of artificial super intelligence that takes over the world."

Read quote