Saw a headline "Valley VCs Sit on Cash" News you can use: they can't do this. If they've got capital committed, deals are going to happen.
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Replying to @patio11
Each fund they last lasts for ten years. They can sit out a month and wait for things to settle. They can't sit out a year. Clock ticking.
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Replying to @patio11
Seen from mostly outside looking in: It is amazing how much more sense funding decisions make after you understand VC business model.
3 replies 1 retweet 5 likes
"A firm has_many funds; each fund has a lifecycle; decisions about individual deals heavily dependent on partner/fund timing" non-obvious!
1:23 AM - 10 Mar 2016
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