Thursday, December 21, 2006

Private equity set to reshape VC industry

"Private equity firms, already reshaping wide swathes of American business, are poised to begin shaking up the venture industry, too.
In a new survey of venture capitalists' 2007 predictions, 71 percent of the 200 individuals polled by the National Venture Capital Association said that selling their startups to these giant buyout firms may become an 'attractive option' next year."

1 comment:

rosi said...

Los Angeles private equity and hedge fund borrowing are the main things propping up the stock market these days. That won't last forever, but for now it's hiding the real economic damage that is being done.The tax issue is valid, and something most people can understand, but the real tragedy of the current situation is much more complex.