Re:US VCs Raised $7.7 Billion In Q1, Highest Influx In A Decade
by enko on Monday April 11, 2011 @01:40PM
(#2433422)
On the one hand, I'm happy to hear this. There is so much we need to work on, technology which needs to be invented and move forward, that such a hearty warchest makes me excited. Maybe I will actually be able to get that genetic therapy I want before my hair falls out any more!
On the other .. no-one but has any money to put into speculative high-risk investments right now except the elite. That the one-percenters have almost 8 bil to casually drop on speculative VC while much of middle america is just worried about their jobs .. makes me feel sick a little.
On the other .. no-one but has any money to put into speculative high-risk investments right now except the elite. That the one-percenters have almost 8 bil to casually drop on speculative VC while much of middle america is just worried about their jobs .. makes me feel sick a little.
Truth probably somewhere in between.