Marc Andreessen

The easy-money startup funding market will turn, and many high-burn-rate startups will fail as a result.

Accurate ●●●●●
“When the market turns, and it will turn, we will find out who has been swimming without trunks on: many high burn rate co's will VAPORIZE”
Said on
25 September 2014 · Tweetstorm on startup burn rates, quoted in The Register. No window stated; inferred window about 10 years (to Sept 2024).
Source
Moneybags VC Andreessen warns profit-free startups: 'You will be VAPORIZED' · The Register
Should come true
by 2024
How sure they sounded
it will turn
Categories
MarketsTechnology
Importance
3 of 5 · A venture funding downturn affects the whole technology industry.

Outcome

Accurate Happened 30 September 2023.

The easy-money venture market turned in 2022 as interest rates rose; Carta data show record startup shutdowns in 2022-2023 (467 in 2022, 543 in the first nine months of 2023) and a sharp rise in down rounds, within the inferred ~10-year window.

Evidence:

History
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