a good time to be an entrepreneur

Filed in archive Entrepreneurship on April 10, 2004

Phil has reasons why it's a good time to be an entreprenuer actually:

• "The most conservative estimation of the excess venture
  capital from the heyday is $13.5 billion. If venture capitalists don't
  invest the overhang of funds they were entrusted with five years ago
  and paid to manage, they risk having to give back management fees to
  their investors.



• A total of 31 IPOs have raised $8.1 billion in proceeds so far in
  2004, well ahead of the five IPOs that raised $645 million in the
  year-ago period.


• The number of start-ups getting seed to first-round funding in the fourth quarter jumped to 30 percent of all funds invested.


• "