Tuesday, December 2, 2008

Benchmark Capital: Open For Business


Bill Gurley (Benchmark Capital) | abovethecrowd.com

"There have been similar questions raised about the VC industry, and perhaps many of them are equally unprecedented. Do VCs have money to invest? Are they pulling back? Do they have access to their money? Do they have enough capital for follow-on investments? Are the LPs pulling back for their own liquidity? The list goes on and on, and if you read the popular press you might think we are all under our desks dreaming of 1999."

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