Michael Greely
Michael Greely
deals jumping levels nervous quite seen since
We are actually quite nervous that in some of these sub-categories, valuations are jumping back up to levels we have not seen since the bubble. Deals are more competitive that they've been in a while.
advent capital dollars early forcing funds gap later market mindful quite saw somewhat stage venture
I think we're quite mindful of the advent of the billion-dollar funds that we saw come into the market over the early part of 2000 to 2003, and there is still somewhat of a 'hangover effect,' which is forcing a lot of dollars into the later stage market. Consequently, we think there is a capital gap in the early stage venture market.
begin finally money sentiment venture
As a venture investor, the sentiment now is that we can finally begin to make money again.
confidence consistency gives great last markets numbers saw turmoil
There has been a consistency and predictability in the numbers that gives you great confidence that these markets are not in turmoil as we saw the last number of years.