Sign of bubble 2.0?

A reputed VC firm recently returned a 300M fund it had raised to its investors citing a bad exit environment and an overall weak investing environment. The article explains the reasons why this has been done, which hopefully are isolated to only this particular VC and the challenges it has faced to create shareholder value (namely its negative returns during the bust and some IPO’s that didn’t work out).

 

http://venturebeat.com/2006/10/07/venture-shocker-sevin-rosen-returns-cash-cites-terrible-environment/