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April 18, 2006
Broader VCs, or a Bag of Nails?
Todd Dagres has the savviest quote in this article on VCs supposedly broadening investment interests (e.g., clean tech, digital media, etc.):Dagres, however, notes that the search for opportunity is, to some extent, a function of the availability of capital. "There's still a lot of money out there," he says. "If you have a bagful of nails, you're going to find places to bang those nails."
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