With eye watering valuations, top investors have sounded the alarm over a bubble in the private technology market, and now it seems the founders of start-ups are also pretty worried too.
In a survey of over 500 venture-backed founders carried out by venture capital firm First Round Capital, 73 percent said that the sector is in a bubble – a market environment often characterized by high valuations that may not be sustainable. But it does depend on the type of start-up the founder is from.
"Enterprise company founders deny the bubble twice as often as their consumer company peers. Given that twice as many enterprise founders also think they'll be profitable in the next year, their outlook is more optimistic on the whole," First Point's report said on Wednesday.