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"Innovation continues unabated," even though venture financing is difficult to raise right now, said Timothy Draper, founder of Draper Fisher Jurvetson, a Menlo Park venture capital firm.
Brian O'Malley: Actually everyone can raise right now.
Brian O'Malley: Actually everyone can raise right now.
It's kind of the old joke, who can raise right now?
The company says that it didn't need to raise right now.
Notably, this was not a round they were looking to raise right now.
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Look at where all the money is being raised right now, for Hillary, Obama and Edwards.
JR: We're not raising right now, we have plenty of capital in the bank.
"We're not raising right now but are down the line having some discussions," he said.
As far as the company is concerned Begemann says there are no plans for further fund raising right now.
That means that only accredited investors can view companies that are raising right now and invest in them.
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