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Business Week Report on “Radical Future of R&D” Misses Critical Capital Markets Link in Innovation Ecosystem

Pascal's View

I believe that, if he understood the reality of the venture capital industry today and its inextricable link to the Initial Public Offering (IPO) drought, his otherwise well-written article would have taken a markedly different direction. But from 2000 to the end of 2007, the rate plunged to 900,000 a year.

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The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient

Pascal's View

years in 2007- the longest gestation period since 1991: What has driven these changes to the capital markets and are they permanent or temporary? So it should be no surprise to our government and to economists that we aren’t getting the job growth that we need in our tentative recovery from 2008—we need IPOs to create jobs.

Equity 31