[Editor’s note: To tap the wisdom of our distinguished group of Xconomists, we asked a few of them to answer this question heading into 2013: “What does your gut tell you will happen this year even though you don’t have data to prove it?”]
I expect many companies looking for their Series B rounds to struggle to find them, and many companies looking for their last pre-IPO rounds to face substantial valuation pressure. I also expect substantial evolution or reinvention of business models for some of the recent high-flyer Internet companies.