Walt Mossberg – For iPad and Mobile Devices, a “Port” out of the Norm
Here’s all you need to know about the current sad state of the venture capital business: For the first time in 30 years, a fiscal quarter ended Monday without a single initial public offering for a venture-backed firm. Not a one. The machinery that, at its best, nurtures innovative businesses into viability (and at its worst blows money on overhyped fads) has ground to a halt.
This is a section of the AllThingsD Web site featuring posts that have been curated from around the Web: pieces we’ve read, discussions we’ve followed, stuff we like. Five posts are included here each weekday, but only the headline and the first two sentences. We link to the original site for the rest. The section is explicitly labeled, so it’s clear that content comes “from other Web sites.”
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