A complicated week

The hardest of all possible actions as a Venture Capitalist is to shut down a company, especially one that you believe has unique technology and a real future.  But from time to time it happens.  Your fund can simply no longer afford to keep the company afloat, even if there seems to be light at the end of the tunnel. Sadly, it is starting to look very much like I will have to do just that with one of my favorites. And it hurts.  Oh well… We sure as hell gave it the old college try. Meanwhile, our other companies are […]