The Burrill Report


The Burrill Report (May 21, 2012): A Venture Investor Cries Mea Culpa (.MP3,15.78 Mb)

Much has been made in recent years about the venture capital model being broken. Returns over the past decade, despite some high profile successes, have left investors generally disappointed. The Ewing Marion Kauffman Foundation, which has invested in venture capital funds for more than 20 years, conducted an analysis of its own investments and concluded that it is the limited partner model that’s broken. We spoke to Diane Mulcahy, director of private equity for the Kauffman Foundation, about its report, why the foundation finds venture capital funds and their LPs interests are often misaligned, and what needs to be done to fix the problem.

May 18, 2012
http://www.burrillreport.com/article-a_venture_investor_cries_mea_culpa.html