Change in vc startups in recent years essays

Change in vc startups in recent years essays The Change in VC startups in recent years. During the prosperous internet boom of the late nineties venture capitalists threw their money at the young entrepreneurs and their internet startups. The older and more experienced entrepreneurs and their more traditional business outlook were thought to be old and outdated. The internet startups were seen as the seeds of change in a new economy. Perhaps they were, but an unforeseen downfall in the E-conomy has changed all that. In the past two years that bias has changed venture capitalists have reset their values once again looking to older more experienced entrepreneurs, or ones who have already made the mistakes and learned from them. You throw away the ones who are new to this experience and you are more likely to get a good business plan. -Jesse Reyes of Venture Economics. Statistically, the age of start up founding teams has gone way up. Venture Capitalists are looking for business plans that will outlive the short term. Especially in this economy, seeing that in the internet boom mistakes could be made and the market could carry you forward. The pad of the forward spiraling market is no longer there. Therefore the new startups would be, Jumping without a net. Investors see this and wont take the risk with a young new entrepreneur who hasnt experienced the pitfalls that some of the older ones have. A bright young guy might have the drive, and passion, but he lacks the seasoned view about how not to get trapped by going down a rat hole. Weve been there and done that. Said, Ralph Cognac who launched Integrated Telecom Express which went public in 2000. Ralph, 59, along with Jim Kubinec, 63, and Rich Forte, 60, just launched RFco. (A radio frequency chip producer located in Los Gatos.) Together they received $16.5 million from investors who saw them as a secure investment. In conclusion, wise venture capitalists and inv...