Beware of the (Alpha) Dog

There’s no doubt, much of the way we see the world has changed during the last six months.  I have been around long enough to recognize that it is starting to look like days long gone by. (Does anyone remember the 80’s?) Today, global financial markets are in turmoil, the venture industry is at risk of being regulated , and fewer exit opportunities have created a clogged pipeline of mid-stage venture-backed companies.  More than a few of these can be great companies with high growth potential, but mid-stage investing is not familiar or glamorous enough turf for many in the venture industry.