Here is a good reflection from VentureWire and a few selected vc´s. Makes for a good read.
“When I first began working for VentureWire in 2004 after laboring as an editor on Dow Jones Newswires’ public-equities desk, I studied up on the mechanics of venture capital – how funds work, how term sheets are structured, all the financial minutiae that makes the industry tick.
I learned about the people and companies that shaped its origins, the emergence of Sand Hill Road and Silicon Valley, the boom years that created overnight rock stars and the ensuing bust that tore them down just as quickly.
And while I’m continuously fascinated by all these changing dynamics, what really keeps me going as the editor of a venture-capital trade publication are the stories behind the stories. For very few people can spin a yarn as well as a longtime venture capitalist.
In that spirit, and to celebrate VentureWire’s 10th anniversary this week, our reporting and editing team asked VCs to give us one of their favorite personal memories of the venture capital business in the past decade or so. Some VCs had trouble choosing just one memory, while others recounted the colorful story behind an investment. The following is an edited compilation of selected answers. While this is just a minuscule sampling, we wanted to give our readers a chance to reflect on something positive at a time when gloomy news is the norm.”
To read the full article by Scott Austin at Ventures, click here.
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