- I don’t wanna get off on a rant here, but… - http://blog.purplemountainventures.com -
More Blood on the Street
Posted By Grizz On 1 September 2008 @ 17:18 In Uncategorized | 1 Comment
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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