VentureBeat - Latest Comments in VC firms grapple with generational change

Re: VC firms grapple with generational change

Tom Franklin — Sun, 25 Feb 2007 22:26:32 -0000

Doesn't Roger Lee (the pictured VC guy) look very similar to Jon Staenberg (the Rustic Canyon VC guy)? See: http://www.rusticcanyon.com...

Re: VC firms grapple with generational change

Elliott Dahan — Fri, 23 Feb 2007 08:42:39 -0000

The traditional VC model does not work for seed / startup level companies. Charles River Ventures recognized that the model is broken and started their "QuickStart" program. But, that only tried to shrink a broken model - not replace it with a model that worked.

The problem is much deeper than not being able to talk to the latest wave of young entrepreneurs - after all, Arthur Rock seemed to be able to understand what Steve Jobs was saying.

Re: VC firms grapple with generational change

bruce — Thu, 22 Feb 2007 15:39:58 -0000

Hey...

So let's see.. we're going to cry because VCs are supposed to apparently be having a difficult time trying to be hip!! Yeah.. ok.

I'm not going to spend my time crying over the fact that a few guys in what is essentially a closed clubby environment, are having trouble making even more cash in their bank account.

How about looking at a much larger issue, and that the fact that few if any minority companies come anywhere close to obtaining funding.

Peace

-Bruce
bedouglas@earthlink.net

Re: VC firms grapple with generational change

Jeff — Thu, 22 Feb 2007 14:27:17 -0000

This is the exact reason that I have adjusted our business plan to make it more understandable to the VC's I send it to.