The U.S. venture capital industry has been contracting for several years, with fewer firms investing less money in companies and more firms going out of business–but one investor, Menlo Ventures Managing Director Mark Siegel, believes that’s about to change.
Not only will it change, Siegel predicts, but he believes the industry is poised to return half a trillion dollars to its investors over the next decade. He also predicts that internal rates of return for the top venture firms will approach 30% the way they did in the mid-1990s, before the dot-com boom spurred the creation of way too many firms and crushed returns for everybody.
To read the full, original article click on this link: Are Venture Capital Returns Poised to Return to Mid-1990s Levels? - Venture Capital Dispatch - WSJ
