Spring is here, arms are getting jabbed across the country, and in Silicon Valley the mood is feverish. Every day brings news of big-ticket startup funding deals, eye-popping valuations, and fresh stock listings. It's not as if Silicon Valley was struggling to attract capital before. But with the tech business having proven surprisingly impervious to the pandemic, an emboldened industry now seems convinced that the re-opening will bring only more good times. Samantha Lee/Insider As Becky Peterson reports: "When a startup raises a smaller round at a lower valuation, whether it's out of necessity or just a strategic choice, fast moving investors can interpret that decision as a sign of weakness."