Re:A VC: Storm Clouds
by AlexMuir on Friday November 12, 2010 @09:41AM
(#1897776)
Fred talks about a five/six year timespan having been good. That's about the lifespan of a VC fund.
The burst will be caused by a tightening in VC spending, and I think poor returns on funds raised five years ago will cause this.
This makes sense - IPOs have been slim, and LPs must be getting edgy. I partly wonder if the 'rise of the superangel' is in fact the 'departure of the VC' (from certain types of deal)
The burst will be caused by a tightening in VC spending, and I think poor returns on funds raised five years ago will cause this.
This makes sense - IPOs have been slim, and LPs must be getting edgy. I partly wonder if the 'rise of the superangel' is in fact the 'departure of the VC' (from certain types of deal)