Dear VCs, You Were Wrong

At the end of September 2008, we surveyed venture capitalists about what the financial crisis would ultimately mean to their business. Just to put that moment of history into context, it was about a week after Lehman Brothers declared bankruptcy and about three weeks before Sequoia Capital gave its “RIP Good Times” presentation. In short, the predictions were juuuust a bit outside.

7 April 2010•3 mins read
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