VC Open Letters: The Time is Now

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"The savings in cost and new opportunities in revenue have recently been complemented by a strong and smart venture financing climate, where companies are able to raise the capital they need to grow. As more uncertainty takes hold in the broader markets, this healthy financing climate appears at risk. There is already some talk about the slowing pace of venture financings, and a number of large and irrational deals have been done."

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• Saved by Jackson Miller on March 20, 2008.
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