[opendtv] Re: News: Venture Capitalists Get Tough

On Mon, Feb 23, 2009 at 7:42 AM, Craig Birkmaier <craig@xxxxxxxxx> wrote:
> VCs are looking for quicker payback than they expected in the past,
> Weinstein said. Second and third funding rounds are becoming a thing of the
> past. They are also looking for companies with established customers,
> products and revenues--or at least two of the three, and not necessarily
> just any revenue source.

Ah, VCs looking for companies with customers, products and revenues,
in order to make a quick profit. Brilliant!

Translation: we're looking for low-risk investment of our high risk monies.

*claps slowly*

Cheers
Kon
 
 
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