Martin Kenney provides an "Historical Perspective" on the state of venture capital

Recently Dr. Martin Kenney (Professor, UC Davis) delivered a fascinating presentation for a SPRIE audience, tracing venture capital from its pre-WWII angel investor beginnings all the way up to the present, which he sees as the most difficult circumstances the industry has ever faced.

• » A Historical Perspective on the Development of the VC Industry in Silicon Valley--Are We in a New Era?