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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

The key reason for the explosion in capital flowing into the industry, and therefore the large increase in practitioners, had nothing to do with 1970’s performance, early stage investing, or technology. Instead, the driver was the 1983 bull market. “By January 1984, investors had turned away from hardware toward software.”

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Go early, go late, or go home

BeyondVC

After having returned from vacation last week, I had the chance to reflect on the current venture and investing market. I see this as a trend that will only accelerate in the next few years as you have venture funds, LBO shops, and even hedge funds get into the tech buyout action. Witness the recent Sungard deal and others.

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