Yesterday's Most Successful Companies Wouldn't IPO Today(ipo-dashboards.com)
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Yesterday's Most Successful Companies Wouldn't IPO Today
http://www.ipo-dashboards.com/wordpress/2009/09/the-slow-death-of-venture-capital/
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Key quote: "The vast majority of today’s most successful software companies wouldn’t have been ready to go public within the 10 year window of an early stage venture capital fund."