Tuesday, July 25, 2006

Venture Capitalists Try A More Practical Approach (Wall Street Journal)

"According to Ernst & Young, there were 882 U.S. venture-financed companies as of late 2005 that, like FusionOne, last raised money in 2000 or 2001. While some of those boom-era firms may yet flop, "I don't think all of those are simply going to wilt and go away," says Joseph A. Muscat, an Ernst & Young partner."

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