Chris Moore of Redpoint Ventures: the market “feels like it’s in flux”
Summary
Earlier today, before leaving Redpoint’s Sand Hill Road office for the long weekend, Moore talked with us about what he’s seeing in the market right now and why it “feels like it’s in flux.” More from that chat, edited for length: TC: We’re sort of confused about what’s happening out there these days. TC: The beginning of the year felt particularly grim, but it feels in some ways like it’s full speed ahead again. Still, I know we’re more focused on the “show me” rather than the “tell me.” We’re looking for market validation and proof points in the form of customer momentum and evidence that the business model can work. These internet platform companies — Alibaba, Tencent — they have global aspirations for their businesses and they’re figuring out where growth will come from next. TC: You’ve sold a bunch of enterprise companies and we’re seeing M&A in the SaaS market lately but not as much on the consumer side of things.
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