Facebook's (FB) poor IPO showing and the resulting fallout "will hurt the funding market for...

|About: Facebook (FB)|By:, SA News Editor

Facebook's (FB) poor IPO showing and the resulting fallout "will hurt the funding market for earlier stage startups," warns Paul Graham, co-founder of major startup incubator Y-Combinator. Graham expects many hot startups will have to accept funding rounds with lower valuations than the ones granted in prior rounds. He's far from alone in expressing such concerns.