Saturday April 4, 2020

Seed funding problems will grow

One of the country’s top venture capitalists has warned that VC funds should not be expected to support early stage high-tech businesses.

14th March, 2009

One of the country’s top venture capitalists has warned that VC funds should not be expected to support early stage high-tech businesses.

Owen Murphy, the co-founder of ACT Venture Capital said that the main role of VCs was to make money and not fund seed stage companies.

Murphy was participating in a panel discussion at a UCD Business Alumni conference on Entrepreneurship last week. He said that there was now a problem with...

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