Jeff Clavier sees 18 months of pain

Prominent angel investor says Wall Street turmoil will impact late-stage startups

Financial trends and news by John Shinal
September 18, 2008
Short URL:

Jeff Clavier, who's invested in a long list of fast-growing Web 2.0 firms, said on a panel at the GigaOM Mobilize '08 conference whether he thought the turmoil on Wall Street would impact startups.

Although the two other members of the panel were optimistic, Clavier predicted fundraising would get tougher and valuation will face downward pressure.

It's going to suck, Clavier said.

Here's Clavier's list of investments, which includes Tapulous, BrightRoll, UStream, Kongregate, Kaboodle, BuzzNet.

Related companies, investors and entrepreneurs

BrightRoll, Inc.
Description: Led by a team of Internet advertising veterans and engineers, BrightRoll has served billions of advertisements since we got started. We a...
Tapulous, Inc.
Description: Tapulous is a Palo Alto, CA based startup building a family of fun and social apps for the iPhone.  We are angel funded and have rel...
Description: is a vibrant social media destination representing the next evolution of social networking. Buzznet distinguishes itself f...

Related news