socialmedian: A Stimulus Plan For Venture Capital? No Thanks.

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A Stimulus Plan For Venture Capital? No Thanks.

Source: A VC

Feb 22, 2009

Summary

Tom Friedman, who I admire in many ways, has an op-ed piece in today's NY Times where he suggests that the US government take the bailout money they are thinking of giving to the auto industry and instead give it to the top venture capital firms.

You want to spend $20 billion of taxpayer money creating jobs? Fine.
Call up the top 20 venture capital firms in America, which are short of
cash today because their partners

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