From Jim Gilliam's blog archives
Venture on the Defensive

May 11, 2000 4:05 PM

Forbes: Within days, even hours, of Nasdaq's tumble, venture firms went on
the defensive, href="http://www.forbes.com/forbes/00/0515/6511182a.htm">slashing company
valuations
, freezing contracts with young private companies and backing out
of deals altogether. They're forcing companies to rein in costs, look for merger
candidates and scrap plans to go public.

More from the archive in Venture Capital.

Venture on the Defensive (05.11.2000)

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