People have been lamenting the death of VC.
Well that was mainly because of “no IPOs”.
After Facebook (and the Obama “recovery” and the stock market runup) they
are back.
What else is back?
VC is back.
My proof
– private conversation number 1 announcing expansion of newish venture fund
– private conversation number 2 announcing large new venture fund
– private conversation number 3 announcing hiring/expansion for newish
venture fund
– private conversation number 4 announcing new seed/venture fund
– private conversation number 5 with new seed fund
Also all the funds I am friendly with in NY have new funds (though not
always larger than their earlier funds or even same)
So: more VC = more founders = more…
All NY based by the way.