One of the most oft-repeated quotes about investing goes something like this: Be fearful when others are greedy and greedy when others are fearful.
While Warren Buffett may not have had venture capital in particular in mind when he offered up that bit of sage advice, it is a fitting way to describe the current climate of the VC industry.
See it on Scoop.it, via les échos du net
Via: Les Echos du net