What’s up out there?

Interesting times out in the real world.  Everything is a “crisis”.  At VT&T, we’re in the process of raising our first institutional round, and most professional investors are recovering from 6 weeks of being shell-shocked.  They are doing the smart thing for their current portfolio companies, and saving some “dry powder” for follow on financing. The other problem is “exits”, how do they get their money out of these companies? Unfortunately for everyone in the industry, they are missing some great deals.

It’s a very good time to invest- there are good values out there, investors can get in at a decent valuation, and help grow a young company.

So if anyone  out there is like us  – focus on your customers and keep the faith: great companies (young and old) will thrive, just keep looking for a partner with courage & cash

Happy holidays!

Steve