TechCrunch+ roundup: SBA startup loans, quarterly board decks, bootstrappers’ delight
By Editor - Tue Aug 02, 11:29 am
Happy August! Or, as many of my neighbors are fond of saying: Happy Fogust. San Francisco sits on a peninsula surrounded by chilly water, so when warm summer air rushes in, thick fog obscures the landscape. Some days, the blanket is so thick, visibility is just a few hundred feet. It’s an apt metaphor for the uncertainty plaguing tech companies as we hear about layoffs, reduced valuations and more discussion of dry powder than I’ve heard in many years. One bright light amidst the gloom: startups that generate enough revenue to drive steady growth will find many investors willing to take their calls.