Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) « Steve Blank

This is what’s missing from all the talk about the “recovery”.  Without entrepreneurs having access to venture capital and interest in their IPOs, our economy continues to “consolidate”.  It’s like a dying person who’s body longer takes in nurishment and begins to consume it’s own muscle.  This is where our economy is today, I just wish I heard this from a single, solitary candidate – either Democrat or Republican.

 

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Posted on July 15, 2010 by steveblank

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you.