Michael Greely Quotations

There has been a consistency and predictability in the numbers that gives you great confidence that these markets are not in turmoil as we saw the last number of years.

We are actually quite nervous that in some of these sub-categories, valuations are jumping back up to levels we have not seen since the bubble. Deals are more competitive that they've been in a while.

As a venture investor, the sentiment now is that we can finally begin to make money again.

I think we're quite mindful of the advent of the billion-dollar funds that we saw come into the market over the early part of 2000 to 2003, and there is still somewhat of a 'hangover effect,' which is forcing a lot of dollars into the later stage market. Consequently, we think there is a capital gap in the early stage venture market.