Even a Chimpanzee Could Raise $100M
SilconBeat blogged the following today:
We don't at all imply that Michael Moritz, partner at Silicon Valley firm Sequoia Capital, meant to target these firms, when he reportedly said the following: "I believe today even a chimpanzee could raise $100M for a venture capital fund." We're just pointing it out (see comment on this post), as a reference to how easy money is raised these capital-flush days.
Follow the link and see whose comment it was ;-)