Rakesh wrote: > I know VC firms are sitting on a $100bn or so, but I wouldn't > think they'd like to see it go to covering enormous legal costs > of their start ups. But hell what else are they going to do with > it--create another NASDAQ bubble though led this time by biotech > and medical equipment firms?
I had a conversation with a Silicon Valley VC a few months ago and as far as I recall his estimate was below $100 Rakesh but although I don't remember the exact amount, it was huge. This person, whose title according to his business card was Mentor-Investor, didn't have a clue about what to do next with all the money he had. I am quite curious about what they will do with that money as well. There is lots of money out there waiting to be invested in somewhere. Sabri
