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.
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Georges is an entrepreneur, serial CEO, venture catalyst, venture capitalist turned innovation economist (by fate), and the inventor of Renewable Economics™.
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