ReadWriteWeb

Pity the poor venture capitalist. Times were... well, so cushy. Money was flowing, deals were being done in record time, monetization was something one worried about later, and Silicon Valley was bursting at the seams. The sweet smell of wealth creation was everywhere. But suddenly, money got tight and the portfolio companies of many VC firms went on life support. So let's hear from a couple of well-known early-stage investors, each with close to a decade under his belt, who we learned are largely undaunted by the current melancholia.