As 2012 comes to a close, we asked several venture capital investors to reflect on the past year and give us their outlook for 2013. Continuing our series is Dennis Dougherty, founding partner at Intersouth Partners.
Dougherty talks about the past year of contraction and a move toward late-stage investing in the venture industry, and his view about long-term capital gains treatment for angels who invest in startups.
To read the full, original article click on this link: VC in 2013: Dennis Dougherty on the Liquidity Crisis in the Venture Industry - Venture Capital Dispatch - WSJ
