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.
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