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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (20751)7/5/2002 12:36:12 AM
From: LLCF  Respond to of 74559
 
<." My link to 1Q '02 VC placements was just a little heads-up for you and others that even in the early stages of the new depression (ROFL) the VC industry managed to fund 787 companies to the tune of $6.2 BILLION. And by the way, the VC "industry" is just the tip of the investment iceberg. >

But dude... that is a severe contraction and it's going lower... and much of THAT is follow ons that people couldn't get out of. THATS THE POINT... and you didn't address it.. you're pretending that's not the case.

< The vast majority of start-ups are funded by other means - F&F, angels, secured/unsecured bank debt, etc>

LOL, the people I know are telling me that the number of ANGELS around is near ZILCH... good luck. As for banks and bank debt... well, anyone knows that's harder to get.. ask GE!!

<Ah yes, the proper picture, the one that fits your preconceptions, given that current economic data don't. >

Oh, they DO... you're pretending that govt spending and inv. rebuilds are just great! When domestic savings and capital investment return, then we have a sustainable situation. Nothing of the kind is happening, in fact corperate balance sheets remain ravaged as do personal ones... you can point at your GDP #'s all you want, but fixing these takes time. Time off from spending... it doesn't matter what Greenspan does, nothing can fix these except time, and earnings.

Good luck

DAK