Fundraising: A Pause or a Shutdown?
A couple of weeks ago, TechCrunch wrote a piece that asked whether venture firms could count on their LPs -- considering that a lot of wealthy individuals are now watching their net worth slip away like sands in an hourglass. Today I discussed that scenario with Mac Hofeditz, a partner with San Francisco-based fund placement firm Probitas Partners. We also talked about fund-raising activity, and what the credit crunch and acne have in common (he said it, not me). Read the Q&A after the jump.
6 October 2008•4 mins read
