Another startup flea market is born
Friday - April 08, 2011.
by Georges van Hoegaerden
Filed in: Venture Capital
Another startup flea market rears its ugly head with Draper Fisher Jurvetson Partner Don Wood confirming “You never know what you’re going to find.” Really? If you shop at a flea market of cheap risk what do you think you will find?
This time it is spray-and-pray Dave McClure with his
startup demo days
trying to win the fastest gunner medal, err "super angel" medal. Let's all just stick our heads in the sand and forget that
subprime risk can only deliver subprime returns. And pick up some
Startup America money while you are at it, so we can all glow in the
dark side of VC positivity.
The
subprime Venture maelstrom is spinning and spinning, like it never has before. Get ready for a very rough landing.
Tags: Draper Fisher Jurvetson, Venture Capital, StartUp America, StartUp