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There were 32 initial offerings in the first quarter, down from 106 in the same period of 2000, leaving venture capital funds with an uncertain path to profits.
ONE sign of the new grass-roots vitality of the city: Although the giant commercial banks have been leaving, venture capital has been pouring in.
Gideon Yu, the former CFO of Facebook who left two years ago to become a partner at Khosla Ventures, is leaving venture capital to become the chief strategy officer of the San Francisco 49ers.
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The flameouts of social media stocks over the last year have left venture capital firms searching for a more measured approach to investing.
The flameouts of social media stocks over the last year have left venture capital firms searching for a more measured approach to investing, writes Nicole Perlroth of The New York Times.
Where does that leave venture investors?
Michael Arrington kindly offered me the chance to explain my decision to leave venture capital and to join Widgetbox as the CEO.
So far the downward spiral of credit and financial markets seems to have left venture capital firms and startups relatively unharmed.
They will "make a good living" until the clock runs out, and they find a home in a portfolio company, or "are not included in the next fund," the two ways venture folks leave venture.
Yaghmaie attributes the stabilization in part to a retrenchment on the part of later stage investors who have by-and-large left venture investing after coming in and wreaking all kinds of havoc last year.
Khosla Ventures, which Mr. Khosla founded in 2004 after leaving the venture capital firm Kleiner Perkins Caufield & Byers, made the announcement here on Monday at a meeting of its investors.
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