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It’s Morning in Venture Capital

Both Sides of the Table

And of course the funding problem coincided with the stock market correction that took away most exit options for years to come. The numbers of potential buyers had decreased dramatically both because large companies were shedding jobs and because many past buyers simply lacked resources to make acquisitions. The Exit Problem.

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Entrepreneurs Should be Respected, Not Loved

Both Sides of the Table

Your product team is pissed off because they’re making $120,000 / year and some hot-shot 25 year-olds just made millions from the acquisition of XYZ company that we could have built here! This pissed off application developers because it became harder to find apps. But stay the course if you believe in your decisions.