Northwest VCs See Existential Threat, and a Change in the Entrepreneurial Mindset

Money keeps going in, but it isn’t coming out. If you’re a venture capitalist, this is what you call a serious problem.

Innovation will go on. So will entrepreneurship. But when I spoke to a handful of venture capitalists yesterday morning about the trends in their industry, and about their role in financing startups, they were fairly candid that they need to start hitting some paydays soon, or find new strategic paths pretty quick, if they themselves are all going to make it.

Luke Timmerman

Full Story: http://www.xconomy.com/seattle/2009/07/22/northwest-vcs-see-existential-threat-and-a-change-in-the-entrepreneurial-mindset/