BusinessWeek said it first, indicating the VC model is broken. Then we got reports of far fewer VC firms than in 2000. But the newly minted ex-Google guys want to start a VC fund. Why?
1. Well they have the money, so they can.
2. There is real opportunity in the next generation of search – because we are tired of the old way apparently.
3. Its still the best gig in the business.
pic: from gapingvoid.com Hugh.
<img style="width: 429px; height: 241px;" src="/images/64360-56413/im_not_a_venture_capitalist.jpg” border=”0″>
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