Not so bad economy?

Kara Swisher at All Things Digital correlates the false positivity of Venture Capital fundraising with a not so bad economy. Wishful thinking perhaps, here is our response:

 

Well, average returns of VC funds over the last 10+ years are still in line with the economy, both are negative. More money-in using the current flawed VC economics, in violation of free-markets, only subscribes to how clueless Limited Partners are or how large the size of the Private Equity overhang still is.

 

Read the online article with our response at All Things Digital.

 

 

About Georges van Hoegaerden

I am an entrepreneur, technology executive, board member, CEO, venture capitalist turned innovation economist (by fate). As an entrepreneur detecting the systemic failure of economics I had to reinvent the definition and principles of economics to - for the first time - become an accurate proxy of the real world. My invention is called Renewable Economics™. Become informed about a better way to assign value to the evolution of mankind.

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