Here’s a conundrum: Starting back in early 2009 the press (including us) started writing about how venture capital is collapsing upon itself as an asset class. And then a bit more recently came all the stories about Silicon Valley’s full-on bubble mode. Can both of these story lines be true? Um, not really.
This paradox was addressed last week at the annual meeting of TrueBridge Capital Partners, the venture fund-of-funds in Chapel Hill, N.C. that helps Forbes put together the Midas List of the world’s best VCs. TrueBridge has raised more than $500 million to date and invests significant chunks in blue-chip VC firms, among them Accel, Bessemer, Kleiner Perkins, Founders Fund, Andreeseen Horowitz, Battery, Redpoint. Its network gives the firm terrific insight into the state of early-stage technology investing.
To read the full, original article click on this link: The Case Of The Non-Bubble Tech Bubble - Forbes
