06 Aug '11, 2am

Veloxrotaphobia: What the Economic Roller Coaster Means for Venture Capital

Veloxrotaphobia: What the Economic Roller Coaster Means for Venture Capital

Veloxrotaphobia: What the Economic Roller Coaster Means for Venture Capital "How do you get out of this roller coaster of the relentless onslaught of bad news?" -- Bruce McCain, chief investment strategist, Key Private Bank [1] Reacting to the Dow's lowest close in almost 8 months yesterday, Bruce McCain voiced a fear felt by many investors: veloxrotaphobia, a fear of roller coasters. It's a neologism that first appeared online in 2007 on the website unusualphobias.com[2], so it's not a "real" word per se, but then again, we're not dealing with a real roller coaster. But real or not, investors want off. So what could veloxrotaphobia mean for those high-risk-lovin' souls in the first car, the venture capital industry? DIGGIN' THE DOWNTURN? NOT SO FAST Some have argued that starting companies during a downturn is a good idea, citing such factors as less competition, lower sa...

Full article: http://www.justmeans.com/Veloxrotaphobia-What-Economic-Ro...

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