online.wsj.com - 12/8/2008
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Cash-strapped investors are starting to renege on their commitments to venture-capital funds, dealing a blow to an industry that has been the bedrock of Silicon Valley start-ups. From pension funds to rich individuals to once-deep-pocketed financial institutions now in desperate shape, this ...
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More VC Investors Defaulting, Cash Crunch Getting Worse
Silicon Alley Insider —
... WSJ: From pension funds to rich individuals to once-deep-pocketed financial institutions now in desperate shape, this year's plunging markets have made it much harder for some investors to come up with the money they promised to invest in venture-capital funds... ...
Roundup: Yahoo Mail becomes developer platform, capital calls go unpaid, thieves win hacking war
VentureBeat —
... Missed capital calls start to accumulate for VCs: Washington Mutual is among the limited partner investors that have missed capital calls from venture capital funds. By reneging on promises to invest money on a regular basis, these investors are causing a cash short at some VCs. The Wall Street Journal has more. ...
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