Why The SBIC Doesn’t Work For Venture Capital Anymore
Feld Thoughts
JULY 28, 2014
The US government, however, lost most of the $2 billion it put into SBIC firms.” It was decimated because of lack of performance between 2001 and 2009, just like much of the rest of the VC industry around the US. One of the other problem is SBA and SBIC’s behavior in governance of the fund.
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