As Florida entrepreneurs’ make their annual pitch for funding this week in Hollywood, some in the venture capital business acknowledge that investors in young companies have fared poorly.
“When you look at the venture industry as a whole over the last 10 years, we haven’t done a great job of delivering returns for our investors,” said Tom Roberts of Harbert Venture Partners, noting that the internal rate of return has been below that of the S&P 500.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
