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Derek Schoettle is the CEO of Cloudant. There seems to be a never-ending stream of news and opinion about startups’ shocking valuations, the latest multi-million dollar rounds of funding for companies yet to turn real profits, and the potential for another tech bubble. Just to name a few recent examples: An app with the purpose of sending a “Yo” notification to friends received $1 million in seed funding (and perhaps more importantly, the backing of Marc Andreessen). Uber garnered a $17 billion valuation after completing a round of financing last month. Foursquare took on yet_another_round of funding in previous months...
This story continues at The Next Web
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