DC’s Boom To Bust Startup Cycle Update

Here we go again. We’ve crested the top of the latest DC Region Startup roller coaster hill and we’re now speeding towards a bottom.  Just four years ago, in 2012 there was a budding DC Startup Industrial Complex. This included multiple media outlets with hot shot reporters, there were record breaking events like the DC Tech Meetup purportedly the largest meetup of its kind in the world..if not the universe. New venture funds were forming. Every week there was a new pitch event for startups raising money and yet today we enter the third tech bubble since the dot com bust in 2001. The signs are everywhere, journalistic reporters specializing in startups like Bill Flook and Kasra Kangarloo left the Washington Business Journal and have not been replaced. Steven Overly  of the Washington post…gone and not replaced. Tech Cocktail left town. Tanya Anderson & Tech Bisnow publish no more.  In fact there are a few rags but no legitimate publishing voice left in the DC startup tech world. In 2001 this region boasted over 20 very active Beltway-based VCs  actively investing in companies across the region. Today we’re down to just a handful: New Enterprise Associates, Revolution, New Atlantic Ventures and Grotech....