US VCs Raised $7.7 Billion In Q1, Highest Influx In A Decade

techcrunch.com

18 points·bradgillespie··10 comments

It's a bubbble, but not an Internet bubble. It's US-dollar bubble. The FED is printing money like never before so everything denominated in USD is going up.

Partially. Only banks have access to the excess and they aren't loaning any more than usual.

What you're saying doesn't make any sense whatsoever.

FED and the other private banks are not stockpiling US dollars in their own accounts.

FED is a private bank?

Yes, just as Federal Express it's privately owned. US government has 20% of the shares. Until a 1976 change in Federal Reserve Act the list of owners was public: http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol...

Incestuous. This can't be real.

When the FED is buying US bonds through QE2 they push the other bond-buyers into buying other things, instead of the bonds the would have bought, had the FED not distorted the market. This pushes prices up for other asset classes. There's excess liquidity desperately looking for ROI. The money has to go somewhere.

So here's to hoping there is no QE3, ya?

On the one hand, I'm happy to hear this. There is so much we need to work on, technology which needs to be invented and move forward, that such a hearty warchest makes me excited. Maybe I will actually be able to get that genetic therapy I want before my hair falls out any more!

On the other .. no-one but has any money to put into speculative high-risk investments right now except the elite. That the one-percenters have almost 8 bil to casually drop on speculative VC while much of middle america is just worried about their jobs .. makes me feel sick a little.

Truth probably somewhere in between.

The "eye-catching" stat here is the emphasis on early-stage funds. In aggregate, up over $3 billion from a year ago!

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