With early-stage funding taking off and capital costs lower than ever, Erick Schonfeld believes...

|By:, SA News Editor

With early-stage funding taking off and capital costs lower than ever, Erick Schonfeld believes the startup world is seeing a "Cambrian Explosion" - a reference to a prehistoric period where many new species were formed. But as Schonfeld warns, this creation will likely be accompanied by plenty of destruction - both of failed startups, and the established firms upended by the successful ones. (earlier)