Are Silicon Valley Startups Burning Too Much Cash?
Silicon Valley Vaporization: Are Startups Burning Too Much Cash? SOMA, the Flatiron district, Palo Alto, and London Shoreditch. They’re some of the hottest addresses in the business world. Rents for commercial space there have skyrocketed, thanks to one thing: astronomical tech company valuations. For those of us who remember 1999/2000, what goes up can go…