Today in class we touched on the factors that led up to the financial crisis. Everywhere I look, I see discussion about what led to failure and what should be prevented in the future. Instead, I'm wondering what was done well. If banks were on the verge of literally blowing up, what was done well... (more) This question might be slightly confusing, but I am unsure of the relationship between a valuation of a company and the subsequent price per share and how that can be explained in terms of how much equity investors own. Particularly I am confused on the impact of a down round and if a company rec... (more) Whether or not they like the answer, unfortunately "facts is facts". The Kauffman report is based on the foundation's own investments and is completely accurate. I believe that most VCs, whether publicly or privately, would not disagree with the substance of the report.