Posts tagged ‘Boston Startup’

December 6, 2008

The VC Model is Broken, Several Perspectives

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?

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October 23, 2007

Change is in the air for old guard Boston area VC’s

I just got wind of a new start up funding by a couple of venerable Top Tier Boston VC’s that blew my socks off. These are old school Communications infrastructure, Enterprise software kind of guys with Midas Touch rankings. They just ponied up on a round for a new company in a market that would make even PG smile. They also wrapped the whole deal up in a matter of weeks, with unproven founders, not in their stable of past deals. Maybe the local entrepreneurial community won’t have to automatically move to Silicon Valley if they want to fund a Web company.

I would love to spill the beans, but to do so would compromise my ability to gain info in the future. The company is in stealth for the time being but one of the founders is a known blogger, so I will let him break the story.

Update: The company is Viximo and is now well on it’s way.