Mark Heesen
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Mark Heesen
absolutely answer asset class coming concerned exuberance good growing late money saw simply support
Are we concerned about a growing frothiness here? The answer is absolutely not, ... There is simply not enough money coming into the asset class to support the kind of exuberance we saw in the late 1990s, and that's a good thing.
capitalist investors large million rather three venture work
A venture capitalist would rather work with three large institutional investors who give him $50 million rather than 10 individuals who give him $5 million each.
capitalist couple next venture
It's not like a venture capitalist is going to see a payback immediately or even in the next couple years.
additional board bob bring broaden challenges energy enthusiasm focus forward largest looking members passion personal policy productive public serve
Bob Grady has a personal passion that will serve our members well as we broaden our public policy focus. Further, our new board members bring to the association additional energy and enthusiasm for the industry's largest challenges and we are looking forward to another productive year.
battle both cons pros whether within
It's a never-ending battle as to whether to keep it within the corporation. There's pros and cons on both sides.
bring economy fund helped internal reasons
But you also have to be very cognizant and look at why that fund didn't do well, ... It's one thing if it was the economy that helped bring that fund down. But if it was reasons internal to the firm, that's different.
bang bigger buck markets public
At the end of the day, most VCs would tell you that you'd get a bigger bang for your buck out of an IPO than an acquisition but the public markets are not as ebullient as they could be so we probably will see more acquisitions,
across begin impact performance
Otherwise, we could begin to see the impact in performance across the board.
ability biggest company facing fund issue left name raise
The biggest issue facing those who want to go out on their own is the ability to raise a fund without the name of the company you left behind.
money turning
We are turning away money at this point,
billion capital money raise raised talking turning venture
We are turning away money at this point. We will raise about $25 billion this year. In talking with many venture capital firms, I think we could have raised $100 billion if we wanted that money.
competition elbows hearing people silicon talking
We're hearing much more about elbows being thrown, especially if you're talking to people in Silicon Valley. There's a lot of competition out there.