Appian Ventures Takes Break from New Deals
Add Appian Ventures to the (growing) list of venture capital firms that do not expect to add new portfolio companies in 2009. Chris Onan, a partner with Denver-based Appian, says that the firm simply needs to reserve remaining dry powder to support its 18 existing portfolio companies. At the same time, Appian doesn't want to begin raising a new fund without a few more exits under its belt.
20 February 2009•1 min read
