BusinessWeek recently ran a piece on the contraction in the venture industry is causing some startups to lose their VCs. The article talks mostly about how the shakeout in VC is causing some venture funds to abandon certain investment sectors. While I am a happy subscriber of BusinessWeek, I think they missed the real point – that if you lose your VC you are potentially in a lot of trouble. Earlier this year I wrote a couple of posts on What happens when your VC leaves and Steps to take when you lose your VC. I think that advice still stands. Given the back and forth I’ve recently had on the state/changes in the VC industry in my last post, I thought it might make sense to relink to those previous posts and remind everyone that the changes to the early-stage financing world are not yet over!
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