VCs coming up with excuses

Funny how people spin things, even when it comes to dollars and sense.

First we hear that VC returns have plummeted. Next we hear that VC fundraising is hopping. How and why (besides incredible salesmanship)? If I knew an investment sector was getting its butt handed to it, I would be running in the other direction. Not there.

I say early stage companies are realizing they don’t need the help, and venture capital funds are suffering as a result. Of course, the funds have their own excuse for the dearth of early stage deals. They are “concentrating” on latter stage opportunities.

The startup/funding world is changing, and I am throwing a bullshit flag.