Moneymen dash to hand cash to storage upstarts

There has been a sudden rush of venture capital cash to storage startups as mainstream vendors respond to the upstarts' products and squeeze their growth window. The backing VCs want fast growth to IPO level run rate revenues so they can get their exit before the startup's growth fizzles out. Only last year, storage startups …

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Vampire Capitalism

What you are seeing here has little to do with "storage" - it's all about leveraging IT to generate income for the vampire capitalists. This will be just another in a long string of tech bubbles and once they've got their pound of flesh the "investors" will leave the corpse drained and be off looking for a fresh victim.

[Anonymous Coward]

Sounds like...

"Bubble 2.0".

And in fact there was an article on this very website last week documenting said bubble. http://www.theregister.co.uk/2014/09/26/marc_andreessen_coming_crash_in_vc_funding

The cash burn of the "big two" has got to be scary considering the astronomical amount of investment they've taken in in recently short periods of time.

[pdlane]

Moneymen dash to hand cash to storage upstarts

Reminds me of the late 1960's to early 1970's before the Service Bureau bubble burst.