I think the bottleneck to increased startup formation is people, not exits or tax rates. If exits were the problem, then LPs would stop putting money into venture funds as expected returns diminish. Fred Wilson (and many others) have said that lack of money is not the problem. I believe them. So exits can’t be […]
Posts for March 2009
Advertising in a Downturn: Other Opinions
I get a lot of hits from people searching for “marketing in a downturn” or “advertising in a downturn.” I haven’t blogged on that for over a year because there’s no point in trying to predict the present. But for all you searchers, here’s a great resource: the FT’s Advertising in a Downturn page. Supports […]
Let’s Not Pretend There’s No Problem and There’s Nothing We Can Do About It Anyway
I don’t agree with government sponsored venture capital, as I’ve said before*. So I wasn’t enchanted by Tom Friedman’s NYT Op-Ed proposing that the government give bailout money to the top VC firms to invest. On the other hand, I thought it a constructive proposal, an addition to the debate. One of the primary concerns […]