newmogul

“Anyway, given the ugly turn of the markets lately, not to mention news of grim meetings by VCs with their portfolios companies and scary emails by angel investors, I was surprised VCs weren’t even more bearish than they sounded. All of them said they don’t plan to slow their pace of investing. I’m not sure I believe them, especially if the market continues tanking, but venture capital is funny that way. I mean, even the rather muted returns of venture investments in recent years now must look appealing to institutional and other investors next to the train wreck that is conventional stocks.” source...