Have you got protection?
The internet boom saw venture capital houses pouring their money into the cash-burning bottomless pits otherwise known as start-ups. Now they are much more careful. Al Turnbull, outlines the safeguards they are building to protect their investments
Two years ago, the limited partnerships and unlisted incubators that make up the majority of the venture capital houses (VCs) dotted in and around Silicon Valley and Massachusetts in the US, and London and Cambridge in the UK, were approached daily by entrepreneurs with investment opportunities looking to tap into the potential Klondike offered by the internet.
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