RSS FeedVC Fund Returns Investors' Money Blaming Excess Capital And Weak Exits
Sat, 10/07/2006 - 23:47 — Sahad P V
Is there too much venture money chasing too few good deals globally? The signs are there are. Sevin Rosen Funds, a 25-year-old venture capital firm based in Dallas and Silicon Valley, abandoned its plans to raise its 10th fund just when it was about to get closed. The fund had received commitments from investors for $250 million to $300 million, but decided to drop the plans at the last minute. The firm's managing partner Steve Dow told in an interview to New York Times,
