According to the golden rule, he who has the gold makes the rule. In the land of venture capital, however, the question is: Who actually has the gold?
Advertised as a celebration of entrepreneurs, last week’s Ernst & Young Strategic Growth Forum mostly served as a networking junket for venture capital managers to meet the small businesses of their investing future. Between the glad-handing there were business proposal swaps and face-to-face meetings that could serve as the first step in a multi-year process.
Who Has The Gold To Make The Rule - VC Or Entrepreneur? - Venture Capital Dispatch - WSJ