"I didn't know there was a company doing something like that..."
Some Thoughts on Venture Capital
Venture capital has financed companies that now account for about 21% of our GDP.
25% of the public companies financed by venture capital have an immigrant founder.
In 2009: about 263 venture financed companies were acquired, down from 375 two years ago. Only 12 have had Initial Public Offerings compared to 86 in 2007. VCs typically finance
1,400 new companies a year; where are the exits? This has impacted
VC returns — expect a significant increase in the cost of venture capital!
Each year, Angels invest about as much as Venture Capital Funds.
Thank God for big companies; without them little companies would not be possible.
Of the "Fortune 500" in 1955; only 71 remain on the list today.
Most of our companies are not run by MBAs.
Address: 432 East 84th Street, NY, NY 10028 Telephone: 212-774-1812 Contact: Anthony Lamport e-mail: alamport@lambdafund.com
