Technology companies maybe be getting heat in the stock market—but entrepreneurs will most likely still have a safe flow of funds, veteran venture capitalists told CNBC on Tuesday.
Technology stocks felt the momentum of the market's latest downturn Tuesday, with 86 percent of the Nasdaq 100 trading 10 percent lower or more from their 52-week highs Tuesday morning. But any small leak in a tech bubble would be slow to filter down to Silicon Valley start-ups that aren't publicly traded, said Kate Mitchell, Scale Ventures co-founder and National Venture Capital Association board member.
"In the past couple of years, there's been almost no impact," Mitchell said on "Squawk Alley." "We are early to mid-stage investors, so companies with really nascent revenue. So we're not concerned about our portfolio companies."
Many of the market's recent woes came after disappointing data from Chinese economy. But Rahul Sood, CEO of start-up Unikrn and former head of Microsoft Ventures, said China is still poised to be the world's top start-up ecosystem.