AlwaysOn Venture Summit

Extracted 15DEC2011 from

Robert Hof provides highlights of the Summit in "What's Coming in Venture Capital in 2012: More Disruption for the Disruptors"

the asset class is performing, mostly through mergers and acquisitions vs. IPOs... We’re seeing a lot longer time to liquidity. Funds are going 15 or 16 years or more. We’re just at the beginning of many areas, though–big data, location awareness of mobile devices, the ability to put computing power in many end points, even medical devices.

Smaller funds are obviously coming... we’re going through a massive transformation in venture that will create new kinds of venture funds [e.g., incubators]

Venture firms that are investing only in later rounds to reduce their risk are in for trouble.