High valuations not much of a concern for this VC

Alex Rosen of IDG Ventures says good companies will do just fine

Investor interview by Bambi Francisco Roizen
November 23, 2011
Short URL: http://vator.tv/n/20dd

Some folks are predicting tough times ahead for venture capital fundraising in 2012 or 2013, including yours truly, and more recently by Mark Suster, outspoken entrepreneur-turned VC, whose keynote speech at Vator and Bullpen Capital's last Venture Shift event in NY, was a bit alarming.

But not everyone sees the world with dark sunglasses. In my interview with Alex Rosen, partner at IDG Ventures, Alex said while we're living in "exciting times" (code word for healthy valuations) and there's some companies getting rich valuations ($20 million with no revenue), overall there will always be capital for the best companies. As for the rest that can't raise money? Good riddance.

He also said that the advent of the new seed and super Angel investors is one of the biggest changes in the venture industry. It's a profound change, with good and bad effects. "In the best cases, it's creating opportunities [for startups] to get momentum before they get a venture round. It's also creating a bunch of competitors."

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Bio: Two decades of investing in, and working with, software and consumer companies.

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