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	<title>Comments on: No VC for you!  Zero IPOs in Q2 2008</title>
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	<link>http://joeduck.com/2008/06/28/no-vc-for-you-zero-ipos-in-q2-2008/</link>
	<description>Have Blog. Will Travel.</description>
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		<title>By: chaves.ca: Stock Market: Lessons Learned (Summary)</title>
		<link>http://joeduck.com/2008/06/28/no-vc-for-you-zero-ipos-in-q2-2008/#comment-79685</link>
		<dc:creator><![CDATA[chaves.ca: Stock Market: Lessons Learned (Summary)]]></dc:creator>
		<pubDate>Wed, 08 Oct 2008 18:34:25 +0000</pubDate>
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		<description><![CDATA[[...] One indicator to follow is the number of IPOs in the last quarter. Must be getting out of the market when the number of new IPOs reach 7-years record highs — even tough the worst thing to do seems to be in cash —, and get into the market when there were zero IPOs in the last quarter: this happened in the quarter ending in June/July 2008 (Antony Ha, Matt Richtel, Joe Duck) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] One indicator to follow is the number of IPOs in the last quarter. Must be getting out of the market when the number of new IPOs reach 7-years record highs — even tough the worst thing to do seems to be in cash —, and get into the market when there were zero IPOs in the last quarter: this happened in the quarter ending in June/July 2008 (Antony Ha, Matt Richtel, Joe Duck) [...]</p>
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		<title>By: Michael</title>
		<link>http://joeduck.com/2008/06/28/no-vc-for-you-zero-ipos-in-q2-2008/#comment-77083</link>
		<dc:creator><![CDATA[Michael]]></dc:creator>
		<pubDate>Mon, 30 Jun 2008 17:19:32 +0000</pubDate>
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		<description><![CDATA[In my business, I&#039;m seeing an overall downward trend in individuals seeking VC capital. Many are sticking with angels or &quot;friends and family&quot; money and aren&#039;t even bothering with VC&#039;s. At the same time, these entrepreneurs are cutting professional service providers and doing more of the grunt work themselves by using sites such as www.vcexperts.com and www.allbusiness.com . 

If the song remains the same, which professional service providers do you think are going to take the biggest hits? Let&#039;s see:
1) Attorneys: gotta have them to get the deal done, but the smaller firms are getting the deals now that attorneys can&#039;t logically get business at $1k an hour.
2) Accountants: same as above unless you want the SEC and IRS breathing down your neck
3) Consultants: maybe. I&#039;d say 75% of entrepreneurs are relying less upon strategic advisors than they were a year ago. You don&#039;t need to pay $25,000 to figure out the whole consumer purchasing industry sucks

VC Experts.com offers online resources for entrepreneurs and professional service providers on the best practices and industry guidelines of Private Equity &amp; Venture Capital fund raising.]]></description>
		<content:encoded><![CDATA[<p>In my business, I&#8217;m seeing an overall downward trend in individuals seeking VC capital. Many are sticking with angels or &#8220;friends and family&#8221; money and aren&#8217;t even bothering with VC&#8217;s. At the same time, these entrepreneurs are cutting professional service providers and doing more of the grunt work themselves by using sites such as <a href="http://www.vcexperts.com" rel="nofollow">http://www.vcexperts.com</a> and <a href="http://www.allbusiness.com" rel="nofollow">http://www.allbusiness.com</a> . </p>
<p>If the song remains the same, which professional service providers do you think are going to take the biggest hits? Let&#8217;s see:<br />
1) Attorneys: gotta have them to get the deal done, but the smaller firms are getting the deals now that attorneys can&#8217;t logically get business at $1k an hour.<br />
2) Accountants: same as above unless you want the SEC and IRS breathing down your neck<br />
3) Consultants: maybe. I&#8217;d say 75% of entrepreneurs are relying less upon strategic advisors than they were a year ago. You don&#8217;t need to pay $25,000 to figure out the whole consumer purchasing industry sucks</p>
<p>VC Experts.com offers online resources for entrepreneurs and professional service providers on the best practices and industry guidelines of Private Equity &amp; Venture Capital fund raising.</p>
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