Quote of the Day Dec 3, 2008
"When Chambers was paying the prices he was back in ’99, an acquisition was a good out. Today, a private sale doesn’t get us the returns we need to make us attractive to LPs as an alternative asset class." --Joe Schoendorf, a venture partner at Accel Partners, speaking both about the venture industry and specifically Accel -- which turns 25 this month -- at today's AlwaysOn conference in Half Moon Bay, Calif.
4 December 2008•1 min read
