Friday, November 27, 2009, 2:32AM ET - U.S. Markets open in 6 hours and 58 minutes.

Top NY Venture Capitalist Calls for New Path to Cash

Posted Apr 11, 2008 01:59pm EDT by Aaron Task in Newsmakers, Venture Capital, M and A, IPOs

After funding properties like Twitter, Tumblr, del.icio.us, FeedBurner, and many more, it's no wonder Fred Wilson has been called "the most influential digital-business financier in New York."

Thus when Wilson, managing partner of Union Square Ventures, recently mused on his similarly lauded blog about the need for "a new path to liquidity" for venture capitalists and entrepreneurs, informed people took notice.

Here, Wilson goes into further detail about the concept of a private market for pre-public companies. He believes such a market -- already emerging -- will make for more efficient capital markets and help VCs with that pesky problem of having too much money.

9 Comments

__A_YAHOO_USER__
__A_YAHOO_USER__ - Friday April 11, 2008 03:46PM EDT

"Sophisticated Venture Capital".....yeah right......most of these guys invest a little in lots of companies and hope one hits paydirt...in the meantime, most of these PV guys have no clue on how to actuallly run a company..they have lots of thoughts and lots of cash....usually not thier own.

julio c
julio c - Friday April 11, 2008 04:24PM EDT

that's right bob. I still remember how some of those companies started without a clear business model but got people's synergy and that made them big businesses. I bet you 1 pound that this guy is working in an upcoming website where VCs can come and find projects needed of money. oky doky time to return to my business bye

xkrebstarx
xkrebstarx - Friday April 11, 2008 08:48PM EDT

Start-ups are like underwear; Everybody has a pair and they all stink.

kostam
kostam - Friday April 11, 2008 09:37PM EDT

U all looking at the problem & not the reward. Poverty consciousness at it's finest. Only the few make it because these few look at the pottential & final goal not the hurdles or what people say. The broke become more broke. Wake up!

GERARD
GERARD - Saturday April 12, 2008 08:14AM EDT

"Sophisticated investors" the pro's my arse these are the same idiots who created the mess we are in not mom and pop investors. What an arrogant jerk. The rich get richer and the rest of us remain where we are at or get poor that's the bottom line . We need the SEC to do their job but that's kind of like wishing santa clause would start crapping easter eggs.

Yahoo! Finance User
Yahoo! Finance User - Sunday April 13, 2008 02:48PM EDT

hi take people ?

Big Harrry Stick
Big Harrry Stick - Sunday April 13, 2008 11:51PM EDT

These people are super idiots/dreames if they think they will create an exchange like market for private interests... it is just buyers club you can join, someone needs to set up as a broker of business interests and market the company that is footing the bill (or the third party interest that is footing the bill). It is essntialy a membership only website idea. Anythng more is already called the pink sheets. P.S good long position in gold silver targets being drilled now by Yale Resources, only 7M market cap and news pending that is prefaced here... http://miningmarketwatch.net/yale.htm It is worth the read imo.

Miley
Miley - Saturday April 12, 2008 07:39PM EDT

hey an we talk about somting else?ok lets talk abot our kds if we have any

Yahoo! Finance User
Yahoo! Finance User - Monday April 14, 2008 01:05AM EDT

Sorry! It just seems yet another VC trying to offload some of its own illiquid assets by pumping yet another ponzi scheme.

Yahoo! reserves the right to refuse, or remove any comment that does not comply with the Yahoo! Terms of Service. The submission of spam, hateful, or obscene messages may result in the termination of your Yahoo! ID.
About Tech Ticker - Send FeedbackDisclaimer. Copyright © 2007 Yahoo! Inc. All rights reserved.
Copyright/IP Policy - Terms of Service - Privacy Policy - Help
Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, NYSE and Amex. See also delay times for other exchanges.

Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. Fundamental company data provided by Capital IQ. Financials data provided by Edgar Online. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and Morningstar Index data provided by Morningstar, Inc. Analyst estimates data provided by Thomson Financial Network. All data provided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.