It's A Different World For VCs
from the times-are-a-changing dept
At this year’s NDA event held by Red Herring, there was a lot more reflective “looking back” on things rather than the usual “go-go” look only forward mentality found there in years past. The best quote was someone pointing out that the whole “first mover advantage” concept was a little silly: “a bad decision made in three days is still a bad decision”. However, some of the venture capitalists still say now is a great time to be investing, since you can get so much for so little. Venture capital investing has certainly changed, though. Even keiretsu is a bad word these days.