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If you encounter an official from the National Venture Capital Association, be careful asking the innocent question, “How’s it going?” Don’t expect the official to answer, “Oh you know, same-old, same-old.” Instead, you’ll likely get an earful.


Mark Heesen, president of the venture-capital trade group, and Emily Mendell, vice president of strategic affairs, weren’t shy about answering that question last week on the sidelines of the Dow Jones Private Equity Analyst Conference. While they appeared comfortable lounging in oversized chairs above the lobby of New York’s Waldorf-Astoria, they are anything but relaxed when thinking about what lies ahead.

To read the full, original article click on this link: A Defining Moment For Venture Capital - Venture Capital Dispatch - WSJ

Author:  Scott Austin