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VCs’ Message: Winter is Coming

At Andreessen Horowitz’s annual summit last week, the venture firm invited its portfolio companies to listen to a series of pep talks from the likes of Golden State Warriors player Andre Iguodala. The event also featured a fireside chat between Amazon.com CEO Jeff Bezos and Marc Andreessen.

But on the sidelines, not all the chatter was upbeat. In a private conversation with at least one of those attending, Andreessen partner Lars Dalgaard told one attendee he thought the funding environment was likely to get tougher in the coming months, noting that anyone raising money should wrap up their rounds quickly.

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