Re: That's it! I'm voting for McCain

In article <p75dk.94248$dq6.62187@[EMAIL PROTECTED]
>,
 "John Galt" <kady101@[EMAIL PROTECTED]
> wrote:

> Eh. For the most part, venture capital is a speculative business. The 
> example I cite above aside, successful venture investments are not 
> discernable from failed ones at startup time.

In some cases, they are.  If I was going to invest in a startup, I'd be 
extremely interested in what the product is, how they expect to sell it, 
and how much customers are willing to pay for it.  But that's just me.  
Maybe investment bankers just like to roll the dice.

>  So, higher capital gains would 
> have resulted in less money chasing the same number of deals. The above 
> example would have probably gone unfunded, but so would some other, 
> successful ones, as well.