Venture capitalists not known for patience

I.P.O. Crisis Could Have Lingering Effect on Start-Ups

Many think start-ups won’t have a shot at an I.P.O. until 2010. If the United States is in a recession that lasts through 2009 and if the credit markets remain closed, only a very high-profile company would be able to make its debut […]

Venture investors who had planned to take companies in their portfolios public this year are left spending money and time keeping these mature companies alive, instead of investing in new start-ups.

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