VCs Give Back More Money Than They Raised
from the first-time-ever dept
For the first time ever, venture capitalists gave back more money to their investors than they raised from them - which is certainly a sign of the times. Overall, many people think this is a good thing, though. They say it gets rid of the money glut, where there was simply too much money chasing too few ideas. Hopefully, it'll humble a few VCs as well, but that seems unlikely.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