Just a quick note to share this good paper found on Wired about pressures facing the Venture Capital industry and its limited returns (on average that is; if you only backed NSCP, YHOO and GOOG you’re good!)
My take on this one is that as soon as the first major failure hits the fan with PE leveraged deals, the VC asset class will automagically be considered again, if only to diversify your portfolio’s risk.
Technorati Tags: Wired, venture capital
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