There has been a lot of chatter in the blogshpere about the VC model being broken.
Adeo Ressi of theFunded, kicked off the recent discussion with his presentation at HBS. The telling slide from the presentation is #13 showing more money going into the VC model than coming out.
Fred Wilson from Union Square Ventures responded with his usual insight.
Furqan Nazeeri x EIR at Softbank Capital and now founder of Virid.us presents some numbers to show the VC model is really broken, and the negative impact it will have on startups.
Paul Graham of Y Combinator fame talks about the VCs possibly becoming less relevant as a result of this downturn.
A good variety of perspectives on an important subject for us.
First of all, lets recognize that each of these commentators comes from the Web startup space, which you will agree does not have the same requirements as a BioTech startup.
With that in mind, which if any opinions do you agree with? How do you see this issue shaking out in the next couple of years?