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	<title>Comments on: VCs Closed Their Checkbooks Last Month</title>
	<atom:link href="http://mediamemo.allthingsd.com/20081111/vcs-closed-their-checkbooks-last-month/feed/" rel="self" type="application/rss+xml" />
	<link>http://mediamemo.allthingsd.com/20081111/vcs-closed-their-checkbooks-last-month/</link>
	<description>by Peter Kafka</description>
	<lastBuildDate>Wed, 25 Nov 2009 22:15:55 +0000</lastBuildDate>
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		<title>By: Sam Harrison</title>
		<link>http://mediamemo.allthingsd.com/20081111/vcs-closed-their-checkbooks-last-month/comment-page-1/#comment-291</link>
		<dc:creator>Sam Harrison</dc:creator>
		<pubDate>Tue, 11 Nov 2008 23:07:59 +0000</pubDate>
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		<description>the bottom line is venture capitalists are pansies who don&#039;t know a friendster from a facebook

they follow the herd and the public market ups and downs

when they should be ahead of the curve and planting seeds

i see kpcb, sequoia, and all the &#039;visionaries&#039; with their heads in the sand

they should be forced to give back the limited partner capital or simply close the funds, cancel the lp agreements

that limited partner capital is actually our capital...our pensions they are supposed to be investing

they are killing the u.s. economy through their lack of investing

they are not venture capitalists at all, the term means &quot;risk capital&quot;

they are more like bankers hording cash and getting paid management fees for doing absolutely nothing</description>
		<content:encoded><![CDATA[<p>the bottom line is venture capitalists are pansies who don&#8217;t know a friendster from a facebook</p>
<p>they follow the herd and the public market ups and downs</p>
<p>when they should be ahead of the curve and planting seeds</p>
<p>i see kpcb, sequoia, and all the &#8216;visionaries&#8217; with their heads in the sand</p>
<p>they should be forced to give back the limited partner capital or simply close the funds, cancel the lp agreements</p>
<p>that limited partner capital is actually our capital&#8230;our pensions they are supposed to be investing</p>
<p>they are killing the u.s. economy through their lack of investing</p>
<p>they are not venture capitalists at all, the term means &#8220;risk capital&#8221;</p>
<p>they are more like bankers hording cash and getting paid management fees for doing absolutely nothing</p>
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