As 2010 comes to a close, we asked several venture capital investors to reflect on the past year and give us their outlook for 2011. We’ll be bringing you their responses over the coming days.
Next up in the series is Scott Sandell, general partner at New Enterprise Associates. Sandell, who focuses on information technology and alternative energy and is responsible for NEA’s activities in China, thinks funding will be in short supply for many companies, but that the contraction of the industry is “exactly what is needed” for the long run.
To read the full, original article click on this link: VC Outlook: NEA’s Sandell Sees More Companies Failing - And More IPOs - Venture Capital Dispatch - WSJ
Author: Russell Garland
