So, Two Chimps Walk Into CalPERS …

By Paul Kedrosky · September 20, 2005 · ·

I’m entertained by the chimp talk about venture capital breaking out everywhere. (Sequoia’s Mike Moritz recently was quoted as saying that even a chimpanzee could raise a $100mm venture fund.) Not surprisingly, Mike’s comment has people alternately turning tickled, defensive, and expository (read comments at SiliconBeat for samples).

But were is what I really want to know: Given enough chimpanzees, capital, and time, could we fund all the next Web 2.0 companies? There is the sort of philosophical question worth answering.

Related posts:

  1. Epinions’ founders vs. Benchmark, et al.
  2. Pouring, Drinking, and the Allocation to Venture Capital
  3. A New Venture Fund Bubble?
  4. The Elephant in the VC Living Room
  5. So Many Venture Firms, So Little IRR

Comments

  1. Jeff Clavier says:
    September 20, 2005 at 11:41 am

    Well, it does not take that many chimps (who sit on a $100M fund) to fund a bunch of Web 2.0 companies given their capital requirements.
    How many banana do you have to eat per day to qualify as a chimp that could raise $100M ?

  2. dorrian says:
    September 20, 2005 at 6:24 pm

    i have to say that every time i see the title in my reader i laugh