Tech’s riskiest founders are getting a $650 million bet from Redpoint Ventures

For venture investors, noise is ironically important. Wading through constant streams of capital-seeking founders and startup pitches may be the hardest part of the job, but it’s also imperative to the success of the same job.
So, what happens if energy around entrepreneurship slows? As the downturn looms, are fewer founders going to take risks? According to Redpoint managing director Annie Kadavy, there will be fewer total companies started in the next year than there were in the last two. And, somewhat counterintuitively, the investor thinks that the looming slowdown is “a great thing.”
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