What top Silicon Valley investors expect in 2017

The year 2016 was an interesting one for startups. Between high valuations and the glory of reaching unicorn status, entrepreneurs have been frenetically chasing private investors -- who were more than willing to deliver the cash -- and thereby delayed their entry onto the public market. Yet there was significantly less VC funding than in 2015. London-based auditing firm Ernst & Young (EY) reports that, as of Q3, U.S. companies raised $41.3 billion in 2,802 venture capital deals this year. In the San Francisco Bay Area alone, there were 916 deals, representing $16.9 billion.