What Has Changed in Today's Investment Culture?

Heidi Roizen, Draper Fisher Jurvetson

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Previously, Roizen says it used to take three years for startups to reach liquidity; now the time frame is five to seven years. As a result, she recommends startups get to know the VC well and trust them because they will be working with the VC for many years. Now as an entrepreneur, she says, you have to work for a living!

Jan 16, 2002

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