Thursday, November 17, 2011

VentureShift

This photo from #Ventureshift http://yfrog.com/gyfrrkgj is bi-polar, @1obennet is claiming 100m in first fund @msuster is claiming the world is ending.

Either way was surprised at the lack of twitter backchannel on #VentureShift hashtag during the panels and surprised at the lack of questions about the Access To Capital act currently before congress.


frrkg.jpg

Oren (who I don’t know) was talking to people at the event about his new VC fund he started 2 weeks ago which is raising $100m for tech ventures.

Cant comment on if it's true or not or more importantly what terms he is offering startups this funding.

What was really interesting at the event was how different peoples opinions were, some people were saying tech funding at the moment is hot and there is a lot of cash around (and upside for that cash) and others saying 2012 is going to be bubble 2.0 and every angel they know is going to lose their shirt in the next 2-3 years.

What i do know is there are 2 types of people in the world....those who talk about writing cheques for seed rounds and those that actually do. Unless you are writing me a cheque for http://www.livefanchat.com/ then i'm going to take what you say with a grain of salt.

Cheers,
Dean

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