Get Well Soon, VCs
George Lipper of The Lipper Current is issuing a get-well card, of sorts, to VCs. The country needs them to recover, he says:
I’ve been a mild critic of the industry in recent years, as investment statistics disclosed that -- while the NVCA keeps tooting its horn about being THE source of money to launch America’s high growth companies -- venture capital has gradually invested a significantly smaller proportion of its funds (less than 5%) in the seed and startup stage, leaving that funding segment for risk-takers.