Tuesday, March 31, 2009

There Is LOTS Of Money Out There

The fact that Essex Woodlands Health Ventures has closed its eighth fund at $900 million is not particularly important to most of us. In fact, it missed its $1 billion goal. But still amassed one of the largest amounts ever for a health care-only venture fund. And THAT is the important part.

There are millions of nay-sayers who claim that VC investment is dead, that private investors are all broke, that we are doomed. We Are Doomed. We Are DOOMED.

Well, we're not. Doomed, that is.

There is still lots of venture money out there. There are lots of people who have lots of money to invest in venture projects, and in angel investment projects.

When a venture fund focused on a single area, in this case health care, can pull together $900 million for a new fund, well ... that's good news for all of us.

No matter what your industry, there is likely potential investment there for you too. Go take a look. Go after it. The very worst that anybody can do is say NO, and you are already doing that by not putting your project out there.

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