By Evan Vitale
Let’s take a look at what stories are making headlines in the world of venture capital for the week ending January 13, 2017.
According to Forbes.com, the new year is off to a buzzing, changing and yet controversial start. Venture Capital, writes the contributor, is poised to be a powerful factory in the coming renaissance. Read the full article here: http://bit.ly/2k3SP9k
It is probably no surprise that a lot of people start a new business, but they are not great candidates for a venture capital investment. How can you know if your company is “ripe” for a venture capital opportunity?
Learn more and find out the answer to this all-important question in a new article by Black Enterprise: http://bit.ly/2jYpjl5
TechCrunch.com has published a nice piece – “Venture capital in 2017 is when the rubber hits the road for returns” noting that 2016 was the largest year for VC fundraising since 2000 when the venture capital industry raised $101.4 billion. What’s ahead for VC in 2017? Details here: http://tcrn.ch/2jyrcqX
The Silicon Slopes Tech Summit drew large crowds on its first day—particularly for a session on venture capital that was standing room only in a large auditorium at the Salt Palace Convention Center. The panelists, seasoned veterans in the VC community, traded war stories about major deals won and lost and offered advice for entrepreneurs.
The panel was moderated by David Hornik, general partner with August Capital. Hornik has focused his investments in software companies; some of his investments include Splunk, Evite, WePay and Bill.com. Despite those great successes, he bemoaned some of the great ones that got away—like Uber, which he passed on in its early days. Read more here: http://bit.ly/2jEUUIW
Finally, the Washington Post has published an article: “It appears we’ve reached the end of a venture capital cycle. Now what?” Writer Jonathan Aberman is concerned. Find out why here: http://wapo.st/2jcjtyc