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Get Well Soon, VCs

Posted in Uncategorized by mcarter on June 23rd, 2009

George Lipper of The Lipper Current is issuing a get-well card, of sorts, to VCs. The country needs them to recover, he says:

I’ve been a mild critic of the industry in recent years, as investment statistics disclosed that — while the NVCA keeps tooting its horn about being THE source of money to launch America’s high growth companies — venture capital has gradually invested a significantly smaller proportion of its funds (less than 5%) in the seed and startup stage, leaving that funding segment for risk-takers.

 

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