In an otherwise unrelated post, Nick at Valleywag says that he hears venture firm USVP is going all healthcare. While every multi-strategy venture firm is wrestling how to deal with (poor performing and low capital) IT and (reasonably performing and high capital) life sciences, I find this one hard to believe.
Among other reasons, only 5 of 15 (!) current USVP partners are healthcare-related. If what Nick says is true we’d be talking about a giant shift in the USVP partnership.
Any USVP readers out there care to comment? Are rumors of your all-healthcare conversion greatly exaggerated?