Tech startups vie for billion-dollar deals while stressing balance

Global Business

Heavyweight founders and investors from the tech world are gathering at the Startup Grind 2016 conference in Silicon Valley. While tech is often viewed as a world of engineers coding into the wee hours of the night and venture capitalists swooping in with billion-dollar deals, many founders are stressing over a sense of purpose and balance.

CCTV America’s Mark Niu reports.

At this year’s Startup Grind 2016, startups from all over the world vie for attention and potential investment. Startup Grind is all about helping entrepreneurs to grind it out in the world of tech ideas and venture capital funding.


CEO Jason Fried on venture capital funding

While most tech startups are constantly looking for venture capital funding and for engineers to work long hours, there’s at least one CEO attending Startup Grind who feels very differently.

CCTV America’s Mark Niu spoke to Jason Fried, the Co-Founder & CEO of Basecamp, a web-application company headquartered in Chicago. Basecamp was recently valued at 100 billion dollars.