"Investment companies have to be more patient and stick with their entrepreneurs," asserts Promod Haque, managing partner at Palo Alto, Calif.-based Norwest Venture Partners. Haque adds that patience from venture capital firms also means that "entrepreneurs need to worry about doing business with larger firms that have deep pockets so they can stick with these entrepreneurs" for seven to 10 years -- as exits are taking longer. The Deal Pipeline caught up with Haque at the 18th annual Wharton Private Equity & Venture Capital Conference, where he spoke on a VC panel. For more Wharton interviews, watch "Graham Partners' Morin on what LPs want," and "Dechert's Nassau on midmarket PE fund strategies." - Sarah Hashim-Waris