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 Neil Sequeira, a managing director of General Catalyst Partners.
Sequeira speaks about the many IPOs held in 2012, competition between startups for capital in the year ahead, and how the market is ripe for disruptive startups that can replace legacy architectures.
Looking back, how would you characterize 2012?
It was a strong year. Through the first three quarters there were 40 venture-backed IPOs, including companies like Palo Alto Networks, Kayak Software, Facebook, Workday and others. These companies create important innovations and thousands of jobs, which reinforces how critical venture capital is to the overall economy.
To read the full, original article click on this link: VC in 2013: General Catalyst's Neil Sequeira on IPOs, Competition for Capital and Replacing Legacy Architectures - Venture Capital Dispatch - WSJ
