Thursday, October 7, 2010

Is VC a Degenerative Disease?

Here's a pithy quote from a recent WSJ Venture Capital Dispatch blog post:
Venture firms have now gone a full decade without collectively returning a dime, causing their investors like pension funds and university endowments to question whether the venture capital model even works.
Is there any reason that an entrepreneur with a cart full of ideas, excitement, passion, and motivation should pause, gesticulate, and faun over VCs to gain their attention and hope for their largess?

For my part, I'll stick to developing the winning ideas, figuring out a way to make it from napkin to market to profits, with or without the suits to back me up.

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