It’s a head-spinning time for venture capitalists. This year, they’re continuing to get disrupted by upstarts from angel investors to new giants like Andreessen Horowitz, yet they also enjoyed the most initial public offerings since 2000, including several this week–until late this year, when things cooled off along with the stock market.
So you might think they’re a bit cautious about 2015. But they’re not–at least not most of the VCs on a panel today in Menlo Park, who provided some insight into what investments they like and maybe more important, which they don’t. On the panel were George Zachary, a partner at Charles River Ventures and an early investor in Twitter and Yammer; Kent Goldman, founder of new seed-stage investment firm Upside Partnership, which counts the founders of the companies it funds among its limited partners; Sergio Monsalve, a partner at Norwest Venture Partners; Scott Raney, a partner at Redpoint Ventures; Ullas Naik, founder of Streamlined Ventures, another seed-stage fund that has invested in Sidecar, Nuzzel and iRobot; and moderator: Harold Yu, partner at the panel host, the law firm Orrick, Herrington & Sutcliffe.
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