Friday, November 28, 2008

As Cash Stops Flowing, Venture Capitalists Get Creative - WSJ.com

As Cash Stops Flowing, Venture Capitalists Get Creative - WSJ.com: "As venture-capital funds face a cash crunch driven by the financial downturn, they are taking extreme measures to ensure they can fund their investments.

Some venture capitalists are selling their equity stakes in start-up companies at fire-sale valuations so they don't have to keep funding those businesses, allowing them to husband their remaining cash for other investments."

--- I'm so glad we will be launching the www.growvc.com solution

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