deaverb

VCs: Exits? We Don't Need No Stinking Exits!

In the bad old days, VCs drying up meant their investments went to zero--and they liquidated all over the place. Down less than 20% is pretty good; and up in media and energy, the two right places to be?

How bad is that. Again, for an up market it would be bad; but for a supposedly bad market, darn good. Certainly compared to VCs heading for the exits in the past. Also, the tendency to support "old" and "current" deals shows good horse sense--rather than looking for the new unsullied, but untried, thing.