Every once in a while, you read something and you agree with what the author is saying. As you read, you can hear the resounding “yes” that accompanies the comprehension of the text. What doesn’t happen as often is the experience of where you find yourself physically nodding your head in agreement. Well, that is [...]
VentureBeat just blogged about some new statistics published by Thomson Reuters and the NVCA in this post: Venture fundraising: Going, going, gone?. Here is the most damning/shocking excerpt from this post: Venture capital funds raised only $3.4 billion in the last three months of 2008, according to new data from Thomson Reuters and the National [...]
Jason Mendelson, co-founder and managing director of Foundry Group has a brilliant (brilliant in the sense that I agree with it 100%) guest post on VentureBeat: FAS 157 is stupid. It is a must-read post in which he discusses the new accounting rules (FAS 157) in effect regarding valuation of portfolio companies in the venture industry. [...]
There will be another boom in Venture Capital — it will just be after we get through the current environment and hopefully change for the better.