“Let him who would enjoy a good future waste none of his present.” Those words, from early 20th century investor Roger Babson, are an accurate reflection of the watchful VC investing we’ve seen in the last quarter.
VCs are hesitant to place big bets on the untested start-up, often holding back until the later stage financing rounds to make a significant play. And they are more likely to hold on to their stock at the time of the IPO.
Image: Free Digital Photos
