I’d like to share some thoughts on the VC industry today. According to a recent article on cnnmoney.com, despite the past decades biggest hits (e.g. Google, YouTube, etc.), the typical VC fund has lost money for its limited partners. The median net return to VC investors has not been positive for any vintage year since 1998.
What does this mean to those out there seeking funding? There is still funding to be found (as the headlines about Facebook and Groupon have triumphantly indicated), but given the recent history of returns, investors are very interested in finding the next homerun.
One way to ensure that you communicate your all-star potential is to make sure you have a well developed business plan, a strategy for selling your plan, and an experienced business partner to help you along the way.
So, have you got a homerun for us to help you hit out of the park? If the answer is yes and you wish to become a CENAK Consulting L.P. client, please submit your information to email@example.com.