| |||||||||||
| |||||||||||
CategoriesComments
From: joe Stafura,
Since it appears that the results from smaller VC firms are getting increasingly less attractive this is one asset class that should be left to die on it's own. It isn't that people with money will not start businesses, it is that they will start them without paying some knuckleheads 2 and 20 to make the same bad decisions that they can make on their own. Angel groups are a better way to group interested investors and provide a better understanding of the opportunity.
Posted on:
June 30, 2009 6:34 PM
Private capital video
Categories
Blog roll
Archives
| |||||||||||
Registering venture capital firms -- along with hedge funds and private equity firms -- with the Securities and Exchange Commission, as President Obama's administration 
|
|
|
|
|
As the CEO of a corporate finance advisory firm focused on assisting early stage companies in the life sciences and information technology arenas, I am most disheartened by what is occuring with Obama's policies. When Obama sought the presidency, his focus was on helping new emerging companies and job creation. Yet every policy of significance, such as mandating venture capital firms to re=gister with the SEC, is further proof that his words and actions don't necessarily synchronize with each other. But then, why should this be a surprise? When his Treasury Secretary first announced that the admisnistration was considering such an action on the VC's, a review of his comments reveals that our Treasury Secretary is not aware of the difference between a venture capital firm and a hegefund; a situation that I find most troubling.