Malaise
The A:C talks about the
neverending malaise in VCland; viz, the IPO window staying closed, despite a pickup in valuations across the board; linking to Fred talking about the
possibility of a recession, and it's impact on venture investing.
You know, from my POV, despite all the buzz surrounding Web 2.0, Media 2.0, and all the cool new disruptive technologies/startups that are germinating, all the great discussions I have, etc...it's
hard to be a young person in this ecosystem these days.
What exactly
is wrong with this picture? Is it the beancounters vs the geeks? Is it risk-averse VCs unwilling to capitalize whole sectors of emerging techs the way they need feeding? I don't know, but it's certainly something that's been on my mind more and more the last few months.