Saints Capital buys 'aged' startups from VCs, limited partners and founders who need liquidity These days venture capital firms are struggling to find an exit as the venture industry endures the worst liquidity drought in years. Today's tough economic climate has given direct secondary market companies, like Saints Capital, an opportunity to buy portfolios at discounted prices. In this segment, Bambi Francisco interviews Ken Sawyer, founder of Saints Capital, a direct secondary company. BF: We've been talking a little about the favorable environment for you to buy the venture back deals with discounts. I'm curious. Who who is selling the assets and what kind of firms are selling?KS: It's really a broad base of sellers. We did transactions last year from publicly-traded business development companies that had investments in the space, like Safeguard Scientific. ... [ Read more ]