Sevin Rosen: Venture capital industry isn’t so bad after all

Sevin Rosen: Venture capital industry isn’t so bad after all

Sevin Rosen Funds, the venture capital firm that roiled the industry last year when it decided to return its funds to its investors, citing a fundamental crisis in the industry, has changed its mind and is raising money again.

The decades-old firm, based in Dallas, Texas and Silicon Valley, said last year that the venture capital model was broken — too many firms investing too much money into companies that didn’t really need it. The firm… Continue Reading