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The Reset Button. The State of Funding Innovation in Q4, 2008. Let’s look on the bright side…. Very successful businesses will always find capital. Now, for the bad news…. spending their last dollar to hit a home run. IT’S NYSE HERE!. vactioning in war torn public markets.
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The Reset Button The State of Funding Innovation in Q4, 2008
Let’s look on the bright side… Very successful businesses will always find capital.
Now, for the bad news… spending their last dollar to hit a home run IT’S NYSE HERE! vactioning in war torn public markets worrying about mortgage payments
The model’s not working… Exits Fundraising SOURCE: NVCA / Thompson Reuters Exit Poll SOURCE: NVCA / Thompson Reuters VC Fundraising Q3
So, let’s export it to China… India Europe Israel China Canada SOURCE: EE Times Asia Survey 12/07
Still, nobody’s making real money… $50-500 MM > $500 MM < $50 MM EXIT VALUES
But, society is reaping rewards… venture philanthropy?
The point is… It’s time to hit the rest button!
Some tips for VCs… • Back the unusual • Believe in the impossible • Stop being lazy! • help your portfoliowithout conditions • back management,don’t replace them
Some tips for entrepreneurs… • Cooperate • Conserve • Dominate • and, if in Israel, picthfirms outsid IsraelFIRST!
So, in conclusion… Innovation is not dead; only its financing. IT’S NYSE HERE!