Venture Capitalists Discover Due Diligence
from the what-an-amazing-concept dept
An article from a Wharton conference about venture capital quotes a number of venture capitalists talking about how they actually do some due diligence now; whereas before they were just investing willy-nilly. They talk about how they actually get to ask questions to the company before they invest. Well, it's about time someone thought to do that. You'll also be happy to learn that venture capitalists have also finally discovered what every student learns in their very first finance class: diversification is a good thing. It's not good to invest your entire fund in the same type of companies. Apparently, these venture capitalists all went to the same school of thought as everyone who invested all of their retirement savings in Enron.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
No Subject Given
[ link to this | view in chronology ]
Re: No Subject Given
[ link to this | view in chronology ]