As we watch the carnage on Wall Street, we wonder about how the venture capital community, the lifeblood of technology start-ups, is going to fare.
This afternoon I was over at the New York Times to interview Vikas Bajaj about the turmoil on Wall Street. Vikas and Andrew Ross Sorkin wrote the story in today’s paper about Goldman and Morgan Stanley becoming bank holding companies.
While hedge funds and private equity firms have been battered by the credit crisis, venture capital will remain attractive to institutional investors, Vikas told me.
Maybe a little ray of sunshine on San Hill Road?
Our friends over at VentureBeat are conducting a little poll about all this turmoil and the impact on VC’s.
– Andy Plesser, Executive Producer