VCs Looking At Wireless
Well, it's about time. VCs who are sitting on tons of money and no deals invested in are now starting to look at wireless companies again. They're beginning to realize that five years down the road, it would be good if they had a few wireless plays kicking around. Of course, those are only the VCs who realize they're supposed to be investing for a five-to-ten year time frame. The rest, who seem to have missed that basic lesson in VC school, will rush to catch up later on when the best ideas and people are already funded.
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