In conversations with dotcoms who've closed their first round, there's concern about being able to close a second round quickly.
Investors behave like lemmings.
When one jumps, they all jump. Many dotcoms are being led to slaughter by ineffective management who got lucky with funding and who are spending like drunken sailors. There is NOT a need for so many peddlers. Among the survivors will be those that see the current situation as an ideal killing ground.