Boo Hoo Hoo for VCs and IPOs?

Quoth Mark Heesen, NVCA president: “We are becoming increasingly concerned about the economic implications of the lackluster IPO market for venture-backed companies. Quoth me: Eh.
Tim Mullaney

From the naked self-interest category comes a release from the National Venture Capital Association today, arguing that the paucity of venture-backed IPOs threatens to hurt the economy. It's true: Only 10 venture-backed companies went public in the first quarter. That was barely a hot day when I got to BW in 1999, but you knew that.

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