[FoRK] Private equity, venture capital, entrepreneurs, and tax policy

[Daniel Grisinger]

Jeff Bone wrote:
>
<snip>

+1 overall.  But,

> This has all sorts of bad consequences.  Such 
> a venture capital concentration has occurred in Texas through various 
> non-tax means, and the net result is that the VC / startup picture in 
> this state is quite grim relative to what it was a decade ago.

though I'm not qualified to comment on the state of Texas' VC community, 
it seems clear that no reasonable comparison can be drawn between the 
VC/startup experience circa 1998 and the VC/startup experience in 2008. 
  I seem to recall the role of the startup in our society may have grown 
somewhat exaggerated at around that time, or that a lot of deals that 
transparently should not have been done, were, or something along those 
lines.  :-)

daniel