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There's no such thing as a 'B' round

Nat Goldhaber from Claremont Creek Ventures says the A round needs to take startups to profitability "There is no such thing as a B round." That's quite an emphatic, and almost frightening, statement made by Nat Goldhaber, managing director at Claremont Creek Ventures, who is currently on the boards of Adura Technologies, cFares, and TargetCast Networks. "There are only A rounds and C rounds," he added. Goldhaber was speaking on a panel titled "How to Beat Kleiner and Sequoia after the apocalypse" at the AlwaysOn Venture Summit this week. Other panelists included Clint Chao, General Partner at Formative Ventures and Rob Hayes, Partner at First Round Capital. Steward Alsop, co-founder of Alsop Louie Partners was the affable moderator. Not surprisingly, it was a sobering, yet practical discussion about the tightening of the VC purse strings, and the ... [ Read more ]

Vator TV | December 5, 2008Watch more videos from Vator TV

Tags:. .emphatic. .claremont. .sequoia. .alwayson. .steward











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