Archive for September 2008

More Blood on the Street

Heard from a friend raising capital worried that our economic silliness will choke off his new idea for a chicken processing plant.

Au contrariar mon frair.

Look, folks that invest other people’s money (OPM) have to have a place to put said money. If the stock market is being finicky, and interest rates mirror Japan’s…where else can a brother put his money?

Venture capital, weirdo funds tracking the mating habits of marsupials, and the bottom of a very comfy mattress—that’s where.

This doesn’t mean the VC community is just giving it away. All the business and strategy fundamentals remain the same.

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