NEA’s Simplex deal: VCs as private-equity wannabes

NEA’s Simplex deal: VCs as private-equity wannabes

(UPDATED: See below.)

New Enterprise Associates bills itself as a VC firm that delivers “performance at every stage.” Increasingly, the firm appears to consider mature, slow-growing industries a viable “stage” for venture investment as well.

When NEA announced earlier today that it had plunked $50 million into a… Continue Reading