At some point soon I’m going to have to come out West and partake in one of your SVASE events. In the meantime, it’s interesting to hear that VCs at SW2006 shared my views. As primarily a public equity investor (with an admitted interest in venture funding where appropriate), I recognize that my interpretation of things might not jive with the VC community in many cases. It’s all about what lens you’re viewing the world through.

One thing is crystal clear, it’s a great time to be a startup. Not only are VCs now competing with GYM, but as the WSJ talked about yesterady, the hedge funds are willing and able to get into the game despite the lack of domain expertise.