April 2, 2004

VCs Warm Up to New IPO Craze

"Our M.O. has always been that this is a long-term business and you've got to avoid short-term sensitivities," John Balen, a partner at Menlo Park,
California-based VC firm Canaan Partners, told the E-Commerce Times. "We don't want to go back to where companies were being taken out too early and
burning too hot too fast."

Link: ecommercetimes.com

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