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SanJoseMercuryNews
San Jose Mercury News covers Georges views on VC for 2010
January 02, 2010. Filed in: Press
clippings
Georges is covered in the Silicon Valley premier newspaper the San Jose Mercury News and provides realistic contrast to the "upbeat" VC performance for 2010 (above) after ten years of less than 10% IRR. Georges' quote follows below:
"Deal volume and exits will improve moderately in 2010, yet have little positive effect on overall VC fund returns to Limited Partners. With a VC funding pipe stuffed with sub-prime investments, 2010 returns and deal intake will remain predominantly subprime and continue to contract and lose faith with Limited Partners."
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