The National Venture Capital Association (NVCA) held
its annual breakfast in Washington DC yesterday. As part of the
breakfast, Mark Heesen, President of the NVCA, provided some interesting
thoughts regarding the state of the VC industry, which are summarized courtesy
Gorra and Matt VanderGoot, corporate and securities attorneys in attendance
at the breakfast:
This seems consistent with what I'm seeing lately.
For example, Heesen's editorial comment regarding the FDA was echoed by
panelists at the 2011 Washington State Biomedical Device Summit, which I
attended at the University of Washington's Bothell campus on Tuesday. I'm
also seeing a lot of companies work on raising their own VC funds, which
appears to be increasingly popular ever since Google formed its own VC fund.
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